Is that to much of a red flag or is it more common than I thought for perfectly nice folk to be that deep in collection?

No property is perfect and things will pop up even with a more quality property.

This is a perfect balance between giving the tenant what they want and also protecting the condition of your rental property. 

The first lawyer I talked to was very against the idea of these lease option arrangements , and even said that having any option contract, no matter how it is written, would mean I could not evict at the magistrates' court.Subsequent lawyers I've talked to told me what I want to do is perfectly fine.

This sounds like the perfect opportunity to sell the house on either seller finance or a lease option.

Yeah, this seems a no-brainer for me, it's a perfect fit for terms liquidation.

Hi @Reed Rickenbach,That would work perfect.

This way, the renovator 'earns' his way into owning his share of the company, giving him lots of incentive to profit the company.I'm trying to find a template or set of templates to base from, so please don't stress out trying to make a perfect fit!

The owners assume a project ends up looking perfect but the contractors only do what is on the written agreement… ultimately contractors almost always have an employee mindset and knowing that ESPECIALLY if out of state is everything. 

If there was a security instrument that required a spouse’s signature to perfect it, that could be remedied in a similar manner but also adding a notary acknowledgment.Note: always provide the property location in order to receive accurate local feedback.