You should have had a buyer lined up long before signing a contract and throwing your earnest money out there.

What is it going to do for you to make the cash you're throwing at it worthwhile?

I just hate to get into the habit of casually throwing away money without reason.

Are you giving the family mamber a mortgage on the property as security for the loan you are receiving?

The house looks great.I would recommend you change the ad though:"$800/Month, (first & last month to move in)"When they give you notice they won't pay the last month and you have no security deposit.

He also receives higher than average market rents by NOT taking a security deposit, thereby opening up his market to several renters who have the income, but not the savings.Will his methods work in other areas?

I've begun researching companies that handle checkbook LLC IRAs and I received some info from the Security Trust Company stating they will charge a 2k set up fee which includes setting up the LLC and handle all other costs for an annual fee of .98.

If I were to pony up the $10k, that would throw a wrench in my rehab and will end up costing me even more money since I won't be able to hire out for other repairs.No one at closing caught the error, including the realtor who also received an extra $600 broker's fee for "reviewing the documents" with me.

But feel free to try and keep throwing me under the bus for events that took place 2.5 yrs ago.

It's no fun having to throw someone out, but based on what you have said, along with the added delays of giving her more time, I would proceed with the eviction.