It is getting interesting but also complicated.

In speaking with title companies I've found that I should expect to close within 10 days if there are no complicating circumstances, and up to a month if there are.

So my advice since its your first property is to be careful making this more costly and complicated than it has to be.

To complicate this decision, one tenant has been there 10 years, and has done improvements to the unit. 

This seems unnecessarily complicated... why not just buy the property and rent it out?  

Not that it was complicated, but although they asked they never seemed to get it or remember. 

A rehab would really complicate things if your not there and add a lot of variables and a lot more people tp rely on that can screw you over if you cant manage them.  

not complicated at all

I apologize I realized I posted this in the wrong section and I don't have the option to delete or move it..I am going to move the text to the correct sub forum .. Sorry I am new with all of this 

I am not of the people, only looking for guidance.It is not super complicated but it is risky and I am not sure how to go about it 100% and what the best ways are to prevent any problems.A person wants to sell his house and a potential buyer offered to the current homeowner that they would pay him a lump sum of cash upfront, and then pay off the rest with a set monthly payment within a 5 year period.