The seller will have reduced debt capacity because the existing note is still calculated as a debt - they MAY be able to include an offset equal to the buyer payments after a period of time, BUT often the seller is surprised to find they can not qualify to purchase another property3.

Either define a set period of time that you will serve as a manager for no cost and then collect xx% of revenue as a management fee before splitting profits.

The payback period is around 30 years, but the solar panels life is about 20 yrs.

I'm paying cash and currently in the options period and going to talk with the title company on Monday.

Can you please share why or why not and how the performance played out over a longer period of time?

The home was on the market for an extended period of time because the renters smoked in the home so I was able to get it 20k under asking price.

Hello BP Community,I just got under contract on a property, and I agreed a 9-day due diligence period under the contract.

The one good thing about such a provision is that it allows the senior lender to start foreclosure (or notice of default/cure period) immediately.      

Recommend cash for keys here (like you already tried) and getting them to sign a termination of lease.If the lease period ended and they are on month-to-month typically you have leverage (depending on what your lease says, or local laws) to end the lease at the end of the month given prior notification.

I would rather rent at a slight loss than to be vacant for an extended period of time.