The garage is (but not for long) in pretty bad shape.  

Hello BP,Has anyone had experience (good or bad) with a "Sandwich Lease to Own" option?

Hello,I'm posting for an extended family member who is going through a trying time and I think he has gotten some bad / incorrect advice.  

The 100 year old houses aren't bad as long some stuff has been updated.  

If it truly is a deal it will have plenty of room for this kind of fix - over estimating the cost of repairs is not a bad thing when deciding on purchase price. 

Is this good or bad?

I got the deal with seller carrying note for 12 months at $1,000 a month principal only, no interest, and tenant pays $1,200 a month so having him stay and pay is not a bad option but he is constantly late on paying so I could have the eviction option after I give the 60 day to evict, but the yard is full of cars and trailers and if he can move those out it will save me money as well and he will be paying down the loan each month, but games can start if I wait or hold off.

DarayIF this is your first one, and you are certain about the quality of the deal, find another experienced syndicator to partner with and give them most of the deal.Am I right that you are asking for people to step on an 18-20M deal? 

What quality are you looking for?

A space that has all the office equipment an people pay for a membership versus lease.