Things like proper maintenance, responsibilities such as utilities, and strongly advising the inhabitant to retain renter’s insurance for the duration of the occupancy.

All lenders require a flood insurance policy for the duration of the loan.

It allows the buyer (lessor) to inform the seller (lessee) how much per day they will be charged for the duration of the leaseback, which is credited on the HUD statement at closing. 

It is easy to do on average using some rules of thumb, but as you stated moving these larger cash flows forward or backward 5 years can alter your analysis significantly; especially if your investment duration is under when the cash flow would occur2.

This would typically be for anywhere from 6 to 12 months – the duration of most rehabs.

This is a bad way to start a lease so what you want to convey is that you are firm but reasonable or they will walk all over you for the duration of the lease. 

If you have obtained the certificate from the county struck off list then you will need to hold for the duration of time until matured. 

The following link lists people not in the labor force that want a job and the average duration of unemployment:The Real Unemployment PictureThe average duration of unemployment is now at 39.7 WEEKS!

Tenants who have leases may be inclined to stay in a property past the point when they are financially able to do, to fulfill the duration of the lease.

Initially my thought was that we would form a new LLC for the duration of the flip, and that my Self-Directed IRA LLC would own 50% of it, and he (or his entity) would own the other 50%.My question is, how would this effect my tax situation, if at all, and what extra filing would I need to do with the IRS?