I'll just contact him in a couple of days and let him know we'll be completely repainting the bathroom and work out a time.

Sounds like you were able to work out a great deal. 

Plus you want enough time to work out the details of your lending.

Good luck on your investing, if this one doesn't work out, don't stop looking for deals.  

I'm wondering if I leave the house in the business name if that would work out in my favor any.Probably going to have to make a new company, and that's fine, just wondering if anyone sees potential in saving some money somehow.

What I have a hard time rapping my head around is finding a property in this super hot market with #'s that work out.  

Wealthy individuals routinely utilize debt planning as a means to strengthen their net worth. 

Next time the renters will have more time to prepare and decide, and it should work out great for everybody.

@Thomas RutkowskiAs someone who has read nothing but negative reviews and doesn't  understand how this could work out well for anyone, I have to ask your reasons for endorsement.

Unless you have a long history with them you are an unknown entity and thus a higher risk.If it's still a "good deal" I wouldn't dump it just because it doesn't work out with an HML.