But you can't give any guarantees to the seller.If you leave the tenant buyer to their own devices and do not consul them on improving their FICO score and their debt to income   But doesn't look good for you as a lease option agentI recommend you look at upgrademycredit.com and ask for Blair Warner, who has a huge amount of experience helping people increase their FICO Score, and in  loan origination in generalAnd he resides in the great state of Texas, but does increasing of FICO score consulting business in all 50 states.

Replacing a window is a capitalized expense, the landlord is to depreciate that improvement, a residential tenant can not depreciate it and not treating the expense/improvement properly for taxes becomes a matter of filing false returns.

It's hard to see how the small advantage of a few weeks is worth the unbounded liability of operating without insurance.2) The seller may discover prior to closing that their property has been improved.

@Tim RutledgeI can give you cost on Gut Job versus New Construction Cost per sqft on SFH. 

What you are left with is to make the land useable you might be spending 200k to 300k an acre leveling it versus 50k for minor topography corrections.

I agree with Aaron, that the group struggles because few people have taken the initiative to improve it.

Disclaimer: 7 tenants versus 2 should be considered if you are self managing.

the part i found most thought provoking was that rich people have a library of books to improve themselves rather than middle class tend to stock up on novels, entertainment magazine

Rental prices are below what they should be, and as tenants rotate out, rent will be going up, after minor improvements are made in each unit. (10 month ROI for each unit's upgrades, at the higher rent tier)After rent is at the higher tier, profit each month will increase to roughly $1500/mo.I know forming an LLC will be in my best interest for this, but here's where I'm not finding anything useful online.My personal credit score is about a 590, and my fiancee's isn't much better.

Rental prices are below what they should be, and as tenants rotate out, rent will be going up, after minor improvements are made in each unit. (10 month ROI for each unit's upgrades, at the higher rent tier)After rent is at the higher tier, profit each month will increase to roughly $1500/mo.I know forming an LLC will be in my best interest for this, but here's where I'm not finding anything useful online.My personal credit score is about a 590, and my fiancee's isn't much better.