When you buy turnkey, you are paying someone else for having done that service for you and they will not happily accept less for the work they are doing.

Accepting higher rents, applying a credit is a financing agreement. 6.

Most IRA custodians who accept single member LLCs as IRA investments will require that you appoint some kind of special advisor (licensed CPA or attorney) who will review all the transactions of the LLC to make sure there are not any prohibited transactions happening.

All major banks work exclusively through licensed agents so they don't have to negotiate with one-off individuals and to limit liability.  

Most residential agents will want you to sign an exclusive buyer contract with them.  

What should my back-out acceptance value be? 

As an agent, if someone submits an offer on my listing, I will advise a client not to accept long "inspection" periods.

Let your son spend the money, time, effort and resources to hire superior legal counsel and negotiate an acceptable solution.

My question is whether or not this is acceptable, seeing as how I would still be gaining equity in the house per month, while taking what I would normally be paying in rent myself and putting it in the bank.Does anyone have any experience with this situation?

There are certain lifestyle changes all of us are willing to accept to get a more prosperous future.