Thanks Max - yeah, that's actually what the plumber suggested too, and I might consider that as a short term solution, but to be honest, I wouldn't put up with that as a tenant for very long (snaking a clogged toilet is not a particularly pleasant task), so I do want a more "hands-off" solution in the loner term.

Which makes your selection of builder that much more important, you will have to connect with them on a more personal level to achieve your overall goal. 

For a more comprehensive answer, you should immediately contact a local attorney licensed to practice in your state.

We ended up selling this property and buying another one in a more family desirable area.

I have also spoken with a lender that was unsure, so now I turn to the forums since I know there are so many knowledgable people on these subjects that could help me out with this question.I formed an LLC with two business partners and we are going to move one of the partners to a more passive investor position.

The goal of the owner was to get the place vacant to make it a more attractive purchase. 

You can break things down as specifically as you like, or keep things on a more general level.  

If investing is of a more immediate concern of yours, maybe putting some money up for it isn't a bad idea.

If so why isn't that a more round number.  

But if you are looking fore a more structured format for buying and selling real estate, I liked Millionaire Real Estate Investor.