Work with Landlord to emplace thermostatically-controlled electric heating units as required, in exchange for a modest rent reduction/refund covering the winter months (Nov-Feb) only.

They then come to you down the line owning it and ask for a rent reduction or they move to somewhere else paying cheaper rent.

That means you could buy something for $700,000 put $24,500 and ask the seller to cover all the closing costs (this has been happening in this market and even asking for a reduction in sales price too)That would leave you with $25,000 to do repairs and fixes on the property and get it rolling.

The sellers would have a decent price reduction each month, even switched agents..... 

And by moving in you will get a proration tax free in a bit of time.I don't see how you can create a good scenario that involves a reduction of debt on that 2nd property without a sizable tax event. 

Your offer of $250 per month rent reduction was more than fair.

I highly recommend percale over sateen weaves due to sateen's tendency to pill up over time.

I no longer want to just lurk and soak in the information, I want to be a part of it.I was working in the network engineering field for 16 years until a reduction in force 6 months ago.

You should write your contract with a clause that states "Seller is to receive X% of net profits, with the amount not to exceed $XXXXX.It would be silly to pay him $20,000 in profits to get a $10,000 price reduction.

Or the day of a large price reduction. 9.