I believe the hard part is to get approval by the town for the works.

That being said the beautiful part about owner financing is building a situation that best serves both parties.

I would personally send him a few options but do it in a way that allows you to own the property with terms that work for both parties.

You cannot third-party manage rentals without a real estate brokers license in NY.

@Ryan Olsen We always underwrite our projects in their by-right scenario, and if we go outside of that we would use 3rd party planners that are aware of everything happening in that current market.

I'm curious if this seems fair to both parties.  

The hardest part is getting in when you have no track record.I would love to hear any feedback on your experiences with hard money lenders that have an easy entry point and are good to work with, especially for newbies.I may be new, but I'm serious about my financial future. 

I'm new to this party and learning so much from all of you.

I think however the time has come to let another party manage the property for the time being.

To start it off, I've known this agent since High School (Mistake on my part, I know).