The seller has a ballon note in 5 years and will have a remaining balance of $17K and my amortization on my bank loan will be at $66K giving me allmost exactly $17K in available equity to borrow on and stay at or below 80% equity.

The investor would fund the remaining 164k.

The standard one from the instit. lenders that I've seen thus far say there are no benefits to the borrower, no lease agreement, no side agreements, AND that the borrower would not remain in possession of the property.

Approach it this way, "those areas need to remain empty for 2 reasons, one is so that if there is a repair emergency it can be accessed quickly to minimize damage, and 2 if there is ever a fire those items especially in those areas will contribute to the spread of the fire and the difficulty of putting it out"I know in my lease where I rent I signed a clause saying that my garage is for me other areas(attic, crawlspace, outside water heater closet) are off limits for storage or use.

I personally feel we have stayed about the same year over year, our rental demand is high but price remains key to a speedy rent.

The remaining interest is an expense against rental income.

The fact remained that while his method of allowing the owners to market their home for rent while you try to sell it as a lease option didn’t work, selling lease options did, even if it took a little longer than it would to rent.

Usually, a contractor that wants to remain in the area will retun the money quickly with the mention of the "attorney" word.

My mom will remain on the deed.

The reason being it is considered normal wear and tear, not damage covered by insurance.If for some reason you could put a claim in for it, they may also depreciate the claim value by the remaining service life.