My biggest concern is that he said the tenant is on a month to month lease, (and he has not been exactly truthful on several statements) and the tenant says she is on a 1yr lease and wants to stay. 

Additionally I will be out of the country for several weeks in August.

Hi Kevin,We have a very unique property and have had several people interested in partnering but it is really not something we are interest in doing (today).Thanks, Fritz

I went by and noticed several cracks in the foundation.

Fortunately, we are continuous renovators, and we have several pieces of property that we have been able to purchase and rent with excellent returns.  

I want to pre-discuss with the ticketing service to call me immediately depending on the severity of the problem.Are there services that will do the above services ?

She gives you the deed, you give her a mortgage, the title company should be able to put all of that together no problem.Yet another way to do it is to Joint Venture with the seller where you split the profit above a certain amount.There should be several options for borrowing the money for the rehab.

"Best and easiest way to structure" brings up several points in my mind: deal structure + legal structure + tax implications (listed in the order in which I feel more versed, not necessarily their importance).

I own several vacant lots and also flip lots on the side.

I have been in several bidding wars on properties that were on the market for over 150 days that now are in high demand.