Both involve ARV appraisals with bids from contractors, and both take into consideration the ARV.

Germaine Act that allows anyone to place real estate in their own trust without triggering the due-on-sale clause.

I'm going to pull the trigger.

For some reason I thought I read something about LO's triggering DOS.

Today, we are experiencing considerably more financing requirements than the past, and lenders are learning to actually use metrics to gage a person's ability to service debt and the underlying collateral, rather than simply originate, recycling the loan, then walk away. 100% financing to individuals w/ 600 FICOs is laughable these days, but was a reality in the past.

I am also getting a quote on inspection just in case I want to pull the trigger.

One additional consideration that no one raised....for anyone using online payments like Cozy....I recently had a tenant that submitted his payment. 

Hi @Jason Burr,Installment sale transactions often referred to as Seller Carried Back Notes or Seller Financing can be a very effective way to help the seller get out of their property and spread taxable gain over the term of the note (depreciation recapture would be taxable in the year of sale, capital gains would be deferred over the term of the note).However, you might get pushed back from the seller because it does trigger their taxable gain and they may not wish to do so.

Further, should the current tenant (a single guy who doesn't mind paneling, worn carpet, old cabinets etc) move out, it would need considerable upgrades.

I have some considerable cash to invest and have been scouting properties for months in Denver.