You'll likely have inspection related repairs every year.

I still tried to reason with her to see if we could repair this, but she hired a personal injury lawyer (who happens to be a cleaning client of her) to start emailing me demanding I give her $125,000 for her 1/2 of the business, or else they are going to file a lawsuit.

Also, they will NOT stop paying UNLESS you do not do the repairs in the time allotted.

Needs gutters, full kitchen and bath, floors, paint with some drywall repair, windows, front porch and the deck on the rear is pretty poor as well.

That means if you could get $6,250/mo, have zero repairs, zero maintenance, zero capex, zero vacancy, provide zero lawn/snow/landscaping, pay zero utilities, and pay zero management.

Vacancy rate, insurances taxes, interest rate, repairs and maintenance.

It is also will allow for experience in managing tenants, repairs, accounting of the expenses etc...plus you get to keep a close eye on the property.

However, since the repairs took a few days and the appraisal took even longer, the loan came out of underwriting.

There is no compensation, I am responsible for moving the storage building, there is no mention of repairing my asphalt driveway, and most importantly they state the north fencing will be taken down and not replaced as it is encroaching on their property.

Your income is Sales priceLess Purchase PriceLess Costs to sell propertyLess renovations/repairs/holding costs.You mentioned having partners.