But I’m not going to open a business bank account for an LLC that doesn’t exist yet because I didn’t buy the property yet.

I would never pay down existing mortgages I would just let them play out.  

Trying to figure out the “real” cost of installing a new central AC unit and replace existing old furnace.This is in San Jose, CAHome is 1600 sq ft - 2 story Got quotes that range from 8.5k to 15kI guess the need is a 3.5 ton compressor and a 2 stage energy efficient furnace.

It is because of you all that I still believe good people exist.

Zillow smashed both together and created a new listing that had never existed. 

Of course the existing agreement is going to govern exactly how such a transfer would need to be handled but at a minimum the tenant would need to acquiesce in the transfer and terminate the option... likely by joining in execution of the deed.

I only caution everyone should remain vigilant and don't be willingly blind.In the world of criminology and fraud sometimes people change, they make a bad decision under pressures that didn't exist when you first met them. 

Are you looking to buy existing or develop ground up?

@Dan StrandbergUnless the process is different there, the inspection should include identifying the type of septic tank and drain field/system; evacuation; checking for cracks/roots/deterioration; type of material tank is made of; if it’s level; size of the tank- is it large enough for the number of bedrooms; whether it closes properly; whether water run through it drains properly; that the ‘hatch’ closes properly; setbacks from the home/boundary etc; and whether both septic and drainage meet any existing regulations.Hope this helps!

They will also work to clean up the property remove/tear down the existing shed structures that are unsafe.