Lease to own makes sense:   higher down payment deposit non refundable, tenant is responsible for fixings, tenant takes better care of place, tenant only exercises half the time, you can raise monthly payments a little higher...Id like to use this strategy going forward....but I never heard that eviction is completely different, between weeks and years.Would you share a contractual way to avoid this lengthy and costly  eviction, and further experience.

I know it’s was lengthy post, but I did mention that we do not require any seasoning period.

Hi @Joseph ODonovan - as long as your reason for declining does not violate FHA as a protected class, then yes (but please proceed with caution; as Catherine has carefully noted above you have to be super careful that they do or do not meet clearly outlined qualifications that you've set for your rental - and if what others have said is true about income being added as a protected class in Philly, then you have to keep it open to those with Sec. 8 vouchers; the sec. 8 process is lengthy too).

Upon looking further into the scenario, the necessity of payroll, quarterly reporting, and the more expensive and lengthy (1120) return with the S corp is enough to turn me toward just being taxed as a partnership and keeping it simple for now, especially since the business has very little income.

Typically, you would help him make a little money while he provides you with an education that would otherwise be expensive, lengthy, and possibly painful.

So you need to terminate the tenancy in many states with a notice of varying lengthy.

I could explain here, but it would be sort of lengthy and the articles are pretty succinct.After you've read them, if you have any questions, please don't hesitate to ask me, either here in the forum or via email or pm.To be frank, investing in Japan is a pleasure compared to other locales.http://japanpropertycentral.com/2014/02/understanding-the-lifespan-of-a-japanese-home-or-apartment/http://www.japantimes.co.jp/community/2014/03/31/how-tos/japans-30-year-building-shelf-life-is-not-quite-true/#(If the moderators don't allow these links, I'll send them to you directly.)

Thanks again and sorry for the lengthy post,Payman

Unfortunately that's a lengthy document.

(this applies to county auctions, maybe auction.com is more flexible, normal closing length, I haven't participated yet...)