Oil finish is the only way to go and worth the extra time.

That way you are compensated for the extra cash outlay and he can own half.

Untimely or excessive noise or disruptive conduct, including but notlimited to, noise or disturbance caused by voices, radios, stereos, televisions, tools, machinery, equipment, motorized vehicles or animals.Any property which has been subject to revocation of a Residential Rental License Permit under this Ordinance shall not be eligible for a new or renewal Residential Rental License Permit for a period not less than three (3) years.

Ali Boone thanks for that article post; it's pretty much along the lines of what I've been thinking that sometimes what works out on paper might equal headaches, trouble, and extra hours of my time to closely manage the property.

Ultimately this permits folks to force the givers to help those whom we otherwise would not help.

I'm not going to pay "extra" every month, I want the cash in case it's needed for an unexpected CapEx.

They apparently requested a "rent schedule" as part of the appraisal after the GFE which resulted in the extra cost.

If so, be upfront with the broker about doing so as it potentially could cause him/her some issuesWith HUD you :Must provide proof of funds to cover the purchase priceEarnest money of $500 for properties under $50,000 and $1000 above $50,000 is non refundable for InvestorsYou are not permitted to market the property until you close on it despite what the "Courses" tell you. 

My experience with Section 8 is that even if they are good tenants, they likely won't have extra funds for things like air filters, bug spray, weed killer, little things that can help keep your home in good shape.

Happy to help.Shari Posey: Hopefully all this "extra" information helps to "round out" your original question by seeing this model from other perspectives.Continued success!