All that I ask is that you remember me in the future, should you decide to sell or purchase additional property in the area.My contact information can be found in my profile.

The former is active business income, and the latter is not business income, and is also sheltered by the section 121 exclusion, assuming you meet the requirements.

They have accumulated a larger down payment through additional option payments or credits over the lease option term.4.

Additionally, moving a personal mortgage loan to the LLC would trigger a clause that would require me to pay off the loan.

I'm totally confused and have until tomorrow morning to come up with an additional 157,600 as I have 50k in the bank from my first deal. 

In addition, in the states that average a 2 yr redemption period how do you cost that period?

@Julian Pilate-Hutcherson We work almost exclusively with OOS investors and it's a mixed bag...I sold 3 MF properties this month to folks that have never been to the state...and I have another set of clients that have been in the market for months and make routine visits to the city...I think it has a lot to do with comfort-level...truth told, we can leverage technology and get every possible detail on the table for review to make a pretty informed buy/pass decision...combined with an inspection and appraisal, there is really no need to be here in person looking at deals....

What I do in addition to telling them what to do is create a video of my computer screen and show them how to collect the information.  

Additionally, they owe you for any damages, cleaning fees, etc for move out. 

And you've got the extra whammy that it is your father's primary so if you buy it he will get the proceeds tax free with the primary residence exclusion.