Honestly, some foliage and a few basic chairs could create a peaceful outdoor space for very low investment- maybe wait on the building decision and have this in the meantime. 

That'll get you more than sitting in a chair for 3 days listening to a guy after quick cash.

For instance no debt may be incorporated and the purchase must happen simultaneously, to name a few requirements.

Which is why we're also thinking about incorporating in Nevada and and doing business in CA.Any advice and feedback on what we should do - or what we should also take into account - would be greatly appreciated!

4) Once you know the "why" behind the sale, incorporate it into your offer.

I considered putting the home under my newly incorporated non profit ot put under a LLC.

He does have a good eye for design elements ect, so we'll probably try to incorporate enough of that into the deal to qualify him as active.All the best! 

Stay in corporate America.

At some point the music will stop and I want to be on a beach somewhere when it does instead of looking for a chair.  

How are you writing-up the addendum to the lease, what terms are you incorporating into the addendum about paying back the balance of the rent?