He could simply loan the money, you could form a partnership and he could loan the money to the business and share in the income as well as interest back to him on borrowed funds.

If you can assign the contract, that is easier, so you lock it up and then simply assign the contract to another for a fee.

You will win some and you will lose some, but at least you have done your due diligence and made an offer that fits your investment criteria.

Removing it is simply torture for me, which is why I have removed myself from that task, I feel like I added 10 years onto my life by making that decision.

If these are lower income tenants (say rent is < 1000) then I wouldn't put it into the lease, since they simply won't fix anyting.

Any broker to principal form is not standardized and you can simply draft one on your own or have an attorney do it.

Your goal is simply to raise your credit score to enable you to get financing.You can finance a 2-4 unit property at 3.5% down FHA financing if you live in one of the units, minimum credit score typically 620.

What exactly is the difference/advantage of filing Form 2553 with an LLC as opposed to simply setting up an S Corp?

My issue is simply an online app pulldown issue.

What I'm suggesting is simply to discount all the cash flows, including sale proceeds, to see if the present value of the future income stream is in fact worth anything at all -- in dollars, not rate of return.