Some people on this forum have said that anything with only 1 bathroom is functionally obsolete.

How would that be structured at closing?

I can give it a try on my account, unless if you know already that Buildium can't accommodate your late fee structure.

Lets say you find a buyer who is looking for a 3 bed 2 bathroom house built in 1960.

From what she says, it is in good structural condition but needs cosmetic improvements (paint, maybe some carpeting) from bad tenants.

It's worth at least 300k but unfortunately it is in a historical area in the "bay of refuge" and the house has been updated with some unpermitted additions (of staircases and an extra bathroom.)

No doubt the program will be tweaked many times, Carrington was simply making certain they are at the head of the line.In the end, I do believe that politically the Govt wants to be the landlord in a structured partnership.

@Jon - How would you structure a lease option agreement without a pre-determined purchase price?

Before you call them, read up on the corporate structures as much as you can.

Many ways to structure.