I am also trying to account for the eventuality that he could trash the place or a major capex item comes up while he is living rent free.Do you see other alternatives to structuring the deal where I shift liability and also reduce holding cost?

I have some contacts in AL if you can give me some details.

My company manages multifamily communities (100-300 units) nationwide and we would like to start performing detailed, onsite property inspections that include an interview with the onsite property managers.

-What was the details of your first deal, and how did you scale up from that point on?

Even if she backs down on these items now, there's surely more to come. 

Fill us in on some details so we know a bit more about your prior experience and the nature of the proposed purchase, and I’m sure you will get some quality advice here.

PM me and I can give you more details.

Your contractor should be able to give you a line item estimate and then you can see where you can save cost.

You don't know if its a deal yet, and without details a lot of people are going to show interest.

The market has also gone up in the last 2 years but not significantly so I think that was less of a factor.I hate derailing original posts so feel free to PM me and we can chat in more detail.