Horrible, amazing, and a surprisingly sensible arrangement, actually :-P Do you happen to know if that's a post reg, or somewhat universal now?

I believe mutually beneficial arrangements are best and would love to pay a premium for piece of mind that a reputable company renovated and is now taking care of my investment but would hate to pay that premium just to have someone walk away laughing all the way to the bank.Would somebody out there be willing to walk me through the purchase process of a turnkey property?

You also have issues with a buy-sell arrangement being viewed as another financing arrangement with the occupant of the subject property.

However, I would caution you that the IRS has some issues with these types of arrangements.

@Aaron JunckPersonally we are in the acquire stage.

Actually that seems like it might be a better arrangement all around than just: Here's a grand - thanks.What is the legal / illegal line for non-Realtors?

I am in the stage of building capital and knowledge before I go after my first deal.

Since you are receiving most of the benefit of this arrangement, you should probably help out your Grandma and pay for an Estate Planner to help her arrange things.As you can see, once you want to ensure the other party is taken care of things can get a little more complicated...

So while cash flow is important, it's important in 15 years.We are in the acquisition stage.

Dorkin is a stage name?