., 123 Main Street #5).

I look forward to learning more about the community and how we can mutually benefit one another.  

There are benefits that he is currently leaving on the table by working "under the table".

The main reason I find is that the older lien holders won't have the cash to complete the process because of the additional funds required. 

I'd love to hear anyone's thoughts on benefits and drawbacks to taking on property this way.

I invest out in the AV area as it is cheaper and cash flow is better than here in the main county.  

My main concern is cashflow and cash on cash return.

@Jon Sidoti We aren't too far from each other, I think we could benefit from connecting & discussing opportunities!

Anticipated $ benefit, (vs leaving it as a garage)?

Draw up an option to purchase that allows you to sublet the property or do a land contract if they are legal in your area for the property if he is unwilling to transfer the deed without getting paid in full so you both have something in the deal but benefits as well.