Clean the surface by powerwashing.

Most regular mortgage are not callable.

Not sure what the expected lifetime of these are, but 10 years for a regular washer or dryer isn't unusual.

well... you would think that would be the case... but...this property is in a city that has no zoning, no formal way of evaluating a property and has no history of inspecting a property.home sits on 8 different lotsfurther, this isnt a rehab. the corporation who bought the home upgraded beyond belief. beautiful trim, accents, original antique knobs, new cabinets in kitchen, new appliances, new texture on walls, tasteful paint in all rooms, fans in each room, 2 big *** HVAC units, foundation repaired, new roof (although an E1 tornado touched down 1/10th of a mile from the home yesterday), new windows, gorgeous flooring is original and was refinished 2 years ago - clean, clean, clean and even cleaner!

I agree that it is similar to a regular purchase agreement however, if it would have been a regular purchase agreement at the time it was signed, the property would have appraised for the contracted amount.

Through the years he learned to sweep in and out of it to keep it clean, make basic repairs and eventually manage the property.

I know the members here are intelligent, but I wouldn't want to make a decision that might cost you later by relying on an internet forum.An S Corp is a regular corporation that elects to be treated as an S Corp by submitting a form to the IRS.

If the return is high enough for the investor then the additional return to the rehabber for management may work.Would it be simpler to do the rehab deal with the investor financing and getting regular financing rates (from rehabber) and once the rehab is done then the investor buys half, giving the rehabber 1/2 of his profit, then continue on as even partners with you managing for say 10, or 8 % or whatever is customary for 3-5 yrs.

They are not causing extreme damage, but more wear than I would expect for a typical family.Can I charge them for repainting the walls on moveout, professional carpet cleaning, tile grout stains from not cleaning after spills, etc, or would this be considered normal wear?

I regularly receive $50 fines on one of my properties.