This avoids let me think it over.Three negotiate and discover how motivated they are to fix the problem, I do this by asking how they feel about many different solutions, will sing it with another agent another company, how we feel about property managers, how they feel about for sale by owner, etc.Four if there's a lot of equity, talk about some cash now and some cash later, using notes, leases, etc.Lastly use a "what if" statement in step fiveA "what if" statement might sound something like this:"Mr. and Mrs. seller, we've been through a lot today, I do want to ask you one or two more questions, and basically it's the kind a solution I can provide for you, you may not like the solution and if you don't then I'll pack up and go, but I think after talking to you it's the best solution....what if I could arrange a payment coming to you over a period of time, I don't know 24 or 36 months, then whenever the existing balance is, say it's $110,000 (i'm inserting this number) and that's a good guess, but you will receive a payment over 24 to 36 payments to pay your principal interest taxes and insurance, and then whatever your balance on your mortgage would be paid off in full, at the end of the 24 to 36 months, and I don't even know if I could get that done for you, because  I need to talk it over with my business partner, he does all the contracts( this is called appeal to a higher authority)...if I can get this done for you, it would take about 45 days to do, so someone would move into this beautiful house, make a payment for 24 to 36 months and then pay off your mortgage in full, Is that something to even talk about or should we just scrap that idea?

Find sellers who need solutions and solve their problems in a way that benefits both of you.  

I have a couple thoughts, and what solution is best will ultimately come down to what works best for each of you.Option 1 would be that the two of you being equity partners in an LLC, split at whatever percentage you agree on.  

Best of luck(and so as to not just point out problems without a solution, also see if a 2-4 unit, more modern--like built maybe from last 40 years or ideally earlier--is on the market or the numbers work if you like the area)...

Wilmar,If you are looking for solid markets and turnkey solutions, connecting to trusted partners can work.  

Find solutions, not problems.

My solution used to be storing them (washers and dryers) in a barn like building but doing that caused them to rust, become ugly and undependable.

I do fix and flips, wholesale, buy and hold, and turnkey solutions. 

You're screwed.There is a better solution than what you suggest: a US trust which owns an S-Corp and one or more LLCs.

I have read mixed reviews on most of them, and I believe the general consensus is that there are no good solutions on the market yet.