Each must successfully pass a 3rd party screening.

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

I learned everything from coordinating volunteers for a demolition party, placating investor fears, project management, mitigating contractor disputes, market analysis for apartments, advertising, property management, etc...

(Roof, windows, doors, HVAC)- large fenced in backyard - 2 car driveway in a location where driveway is not common- Overall, interior is up to date and property is in a good condition and area.How would one should approach this to make it work for both parties?

If the lease is still in force you may not be able to just drop it, unless all parties agree. 

Payments for rehab are paid by the lender to the customer as 2-party checks (made payable to the borrower and contractor).

I'd say the most frustrating part is we tend to run into title issues more often with the low priced, off market deals.  

Also, someone said you can't outsource the management of the property to a 3rd party and I disagree with that.

That would be a deal killer.Talk with all parties involved.