Sub 100k properties are a different chapter all together; my theory is that a property value (which is comprised from land and improvements) for a total of 100k implies negative land value, because a 1000 sf structure has some intrinsic value that can not go below 100k as long as it is functional.

The rear structure does look like it needs some attention, but the main house looks promising.

Now though, he said he would highly recommend the more thorough heat treatment method at a cost of  $1250. 

A little info: Asking price- $41,900Our first offer- $24,000(house needs $15,000 in repairs, all cosmetic, nothing structural) we cover closing cost, 10 day option period/ $100, title policy and survey at sellers expense.

Their original cost plus the value of any improvements made to the property over the years minus the original cost of the land the dwelling structure sits on will be their basis for depreciation. 

I have a couple unique and very cool situations, additional, so I want to make sure everything is aligned right regarding taxes with business structure. 

The question"  How do I legally/ financially structure this ?  

How would I go about structuring this deal?

So I find that when I evaluate properties according to the BiggerPockets method, including CapEx monthly, including 5% of gross rents for repairs and maintanence, including 10% for property managers, etc, NO property passes any test.  1% rule, 50% rule, or even being positive cash flow.  

How would I go about structuring this deal?