I want to create a new checking account to keep all my house income expenses separate from personal expenses.

Do you have reserves for your personal living expenses in the event the process takes longer and/or you aren't able to recoup as much of the invested capital as expected on the refinance?

All you have to do is contact the person and close the deal.

Personally, I've known mobile home park owners with this challenge when trying to find smaller mobile homes to fill their lots.

I could also take the money from another source, but wouldn't be able to carry the 2 mortgages on personal loan I don't think.

At that point I owned the lot but not the MH since the MH was considered personal property. 

We can't tell who the person is that's offering this to you.  

one of the partners that we went in on the deal with owned two other car washes nearby that are self-service wash style you mentioned and although our full service wash had a much higher average ticket value and overall more revenue, his other two washes averaged less than 1% in labor cost where our full service was would be between 20%-30% on any given day. we ran a detail crew of around 5 people and then had around 10 or so people on hand to handle the car wash traffic. we tried to get away with not hand drying the vehicles after they exited the wash but the previous owner had made that a staple of the business so when we stopped doing it people got frustrated and we decided to keep that a part of the process. in doing so that means you have to pay labor tax!

Hey Joey,I would make sure you work with a title company that can handle sub-to deals, also if this offer gets accepted, I would contact a lawyer to assist in the transaction.

One tenant however, did refer to having their rent pro-rated by the number of days that the situation would last.There is a clause in both their leases that they are responsible to carry renters insurance to protect their personal belongings against fire, theft, flood, loss of use etc.