(appliances, carpet, hvac, etc.)I'm thinking if I flip I would just leave the basement untouched but anyone have any thoughts?

He only owes 12,800 Tax assessment says 48,900 He's leaving a lot of equity on the table.

Otherwise I also have tenants that will leave rent on the kitchen counter and I can stop in and pick it up.

You have to leave a lot of money on the table for your buyer.

If they cant qualify today, find out what is lacking, and have the RMLO state that in a letter. 3. the tenant buyer has "skin in the game" from the option fee, so they are less likely to damage the place. 4. the seller should do a walk through and inspect the place regularly, like every month. 5.

It is a two level home that currently has 7 tenants in it and will continue to lease the property out after we leave.

It's the rare So Cal tenant that can pick up and leave, regardless of how much cash they have.

His comments above are filled with a lot more advice than you may realize at first glance.The only thing I'd add is that this isn't a business for the thin-skinned.

One is so I had a decent amount of skin in the game from the borrower, and also to make my note more valuable if I ever needed to sell it.

I've had tenants who paid me 6 months in advance and I wish they would never leave.