Will you close on the sale (after reno) within 6months?

You may just want to have the sales contingent upon clothing after 1 year.

Be on the board, send market reports on sales even if the listing wasn't yours. 

The proven additional cashflow may compensate for that a bit but that will be largely priced in and you may even need to discount the cap rate at sale. 

My current situation is I want to get into real estate but don’t know if I should go whole sale, agent, investor?

Enough that we sold the home without it being a smoker house.Today, I will be trying out an even more powerful machine in a mobile home we are renovating that smells like the worst smoke smell you can imagine. 

He was netting 30,000 monthly with these running 24x7.My goal is to assess the value of business without game machine license and with gas.Scenario 1:Terms if I assume his lease and pay him off at 250,000.Rent 8200 (somewhat negotiable)Utility 1500Payroll 6000Insurance/internet 350Current Inside Sales: 45000Current lottery commission: $3000Gas when pumps were working: 20,000 gallons at 30c.Based on these numbers, I am guessing he is putting money into this business without working pumps and no game machines.

My question would be what happens if the bank calls the loan due to the sale?

…on the other hand, flipping, BRRR'ing, wholesaling, and out-of-state investing are more like double black diamonds—they require a lot of experience, and a single mistake could have dire consequences.The fact of the matter is: real estate is a high-stakes endeavor, and the more advanced strategies (like BRRR'ing, wholesaling, flipping, out of state investing, etc.) can easily bankrupt a beginner when they're executed poorly.Although HH’ing is a strategy that's good for beginners, it’s not just for beginners—there are plenty of very experienced RE investors worth many millions who continue to HH, because it's such a powerful strategy.Now, having said all that, house hacking is not necessarily easy, and it’s definitely not risk-free (if it were, everyone would do it!)...

This deal is a short sale and was on the market for about 24 hrs.