Seller concessions - Assuming the appraisal will support a higher purchase price, you can offer more and have them give you seller credits towards the closing costs.Gift funds - a relative, defined as the borrower’s spouse, child, or other dependent, or by any other individual who is related to the borrower by blood, marriage, adoption, or legal guardianship. 

I'm looking for advice/opinions on what an individual's personal finances should look like before investing in real estate. 

Account ClosedThere are normally two ways for more than one individual to own property1) Tenants in common2) Entity owns the title and there is paperwork that indicates that you both are owners of the company(LLC, LP, GP, Corp, etc)You need to report income if you are receiving rental income(regardless or how ownership is held). 

It depends on the individual property and the area of the country.

I believe the "duty to mitigate damages" came from the common law and has later been opined and upheld in numerous Supreme Court cases.  

They are not suing the company rather the individual who owns the companies!

Yes you get all depreciation write-offs etc as just an individual holder, and note your accountant will likely need to file a Delaware tax return each year for your rental income in Delaware, but this is usually easy and cheap. 

With this individual, no verifiable income is a no brainer for me.

Hi Victoria,All of those individuals could hold the solution to your problem but may not necessarily offer budget friendly options as they have their own additional fees for such service.I would suggest speaking with a Carpenter or General Contractor who specializes in Kitchens and Baths as they can assist with the design and execution of the project.As far as some options that you have (without seeing you kitchen) you can refinish the cabinets to update the color, replace the cabinet doors to a modern style, or update the counter top and backsplash.

Wood isn't cheap and neither are contractors right now so your deductible very well be less than your individual share.