I’m an investor and property manager and what we see is that ongoing maintenance items that bother the tenant or that will do damage to the home need to be proactively addressed.

The former borrower tried to do the right thing to resolve past financial issues. 

They are getting what they really want, and you are crafting the deal to where it will still make sense for you.One potential issue is if what is most important to them is most important to you as well.

The issue is that I'm giving up 1/3 equity to a partner and would like to only have me and my father own the final farm.

My issue was with his intent-it seems he really was only interested in being the buyers broker here as well..  

Did you have this issue, if yes, how did you deal with it? 

Hi Krystal,I have recently been issued my Remodeling contractors license.

From what I see in your post, the only issue thus far is expecting 20% down on an undesirable collateral type to most lenders...Cheers!

I am having this same issue with section 8 rent higher than market appraisal.

Not a CPA or tax professional.I’ve never audited every single line item of my S-Corp tax returns for over 18 years, and I’m truly curious why it really matters in one years instance, what corporate account was used to conduct business, as long as the financial information is accurate and correctly reported from said dedicated business account.This should be a separate issue from proper and legally correct business operations, ie a checking account with correct tax ID, no outside commingling of funds with self or other business entity.