If, as you suggested, the rehabber agreed to a lease/option to get past the timeframe often called for by a bank when a property is sold within a short timespan for considerably more than purchased for, that would mean that, while the rehabber would get rent for a few months (the lease component) along with an option fee, they'd also be potentially turning away other purchasers and paying holding costs in the meantime.

That premium you are getting disappears with some of the major components being at end of service life.

A reputable heating and air company has a special now to replace both units entirely including all heating and air components for just under $7500 (7352.57) we are holding onto the properties long term. 

You can take participant loans from the plan, you don't need the additional expense and administration of an LLC to have checkbook control, and there is a built in-Roth component.

You need to take the expected useful life of a mechanical item or building component and set aside that percentage of the replacement cost each year (i.e.

I always have a thorough inspection completed and a report or SOW that identifies the condition and estimated life expectancy of major components.  

Several hundred thousand dollars in hvac, brand new airconditioners, electrical components as well as 50k in kitchen equipment.So with all that being said I know the parcel number on this property as well as it was last sold in 2013 but it has remained vacant and absolutely no one has done a single thing to the property the police have sealed it up.My questions are:How do I look up the current owner of the property?

@Sriram Kumar Bikkina My guess is that your friend may be trying to bring awareness to the fact that crawlspaces can typically create alot of problems particularly moisture intrusion, dampness, mold, etc. and can lead to moisture damage to framing components.

Insurance with a CV component can have a key place within a particular advanced REI strategy, the appropriateness of which, to your situation, I can't even begin to help you assess on a public forum.

For turn key real estate, the different components of return - cash flow, tax benefit, debt paydown and long term appreciation still hold true.