Then I tell them that IF they can bring me a deal that is off market (not on MLS) and get me the deal, in those circumstances I can also let them have the back end too.

So you may not have to but you may want to work with her depending on the circumstances.

Under these circumstances, this “modification” would be excluded from the requirements of Dodd-Frank.

For example, I could purchase a home with the intent of it being my primary residence, then due to some unforeseen circumstances have to move, that is in general ok.

My husband and I have had great tenants move out due to life changing circumstances.

I think you have to look at each deal as its own animal with its own unique set of circumstances.

Nevertheless, maybe you know some stuff I don't, I guess based on the numbers you presented and the circumstances, that this was my first inclination.

I slapped this in the Starting Out section because I feel the people new to real estate would receive the most benefit from a thread like this.To get you started, here are a few I've seen:You don't need an entity for your investments, umbrella insurance is all you need - Right here on Bigger PocketsYou don't need umbrella insurance, all you need is an entity (LLC) - Again, here on bigger pocketsNegative cash flow is ok as long as (I'll stop here because I've seen about 10 "as long as" statements :) - Almost everywhere.Borrow money from a credit card or 401k to fund your real estate - Lots of places (Quick note: In the right circumstances, I don't think this is necessarily bad advice but for the general public, I believe it is).I have lots more but that should get you started.

Hey BP,I am under a weird circumstance.

While I'd sell, you could have issues with another buyer under such circumstances, just saying, a right to buy isn't much of a right for your personal residence.Understand some issues covered here on BP.