You don't really mention investing in real estate, so this is just a purchase for your personal use. 

My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side. 

First off, how many people is he selling this list to?

If the seller says "its a solid 7 cap" and its more of a 5-6 cap after you purchase and the taxes go up, do you mention it?

Finding an investment isn't even half the equation.

I'd recommend getting multiple quotes from service providers to see what pricing is going to look like per square footage.Without too much information provided and depending on the size of your home it could be anywhere from $5,000-$15,000+

Always formalize the agreement in writing to define costs, profits, and contingencies clearly.Let me know if you need help structuring the deal or exploring funding options.Best,Drago

It’s doubtful you would have been able to foreclose if the loan had been contested and you lost.According to all the lending attorneys I know, this is the most popular lawsuit in private lending.

Hi William, glad to have you as a part of this awesome community!

I think finding BRRR or flip deals would be ideal.