In my market area, good contractors are so busy that I would expect this arrangement to play out with the contractors telling the tenant when they are coming, and the tenants will have to rearrange their household schedule to accommodate him.Option 2: Tenants acknowledge that they will trade their discomfort with a tradesman in their home when no one is home for the convenience of having the work done in their absence and not having to live in a construction zone for several days upon returning.I agree with what Account Closed said. 

I house-hack over in Village 7 and it's been a phenomenal arrangement so far, good luck! 

I have done this arrangement a couple times in my short career and every time I did I got my gonads kicked up into my throat vigorously .

I've already got tentative financing arranged based on one strategy, although the other would probably be easier and faster to get through permitting. 

The arrangement you're most likely to be offered is a $/hour amount to sit the open house but you have to give the leads to the listing agent.

This will significantly harm DTI.Unless you're ready to give up the FNMA-subsidized 30YF residential loans already, or unless this is the last mortgage that person wants, such arrangements rarely make sense. 

The 2nd deal was sold in October of 2019 and his net profit per our arrangement was $15K.

The worst case scenario I can come up with is the bank finds out about the arrangement and exercises the acceleration clause on the note.

It really does, because syndications are structured differently.One of the common arrangements is when a syndicator wears two hats.

A 30 day close shouldn't be unreasonable, you'll still need to do due diligence on properties and arrange closing with title.