Can you sell them an easement to your property and you keep ownership and the income?

Neighborhood has little pride of ownership, drug activity, etc. there are jobs as its next to a large prison, schools and hospitals.Rents really cannot be increased as there are new developments renting new 3bd homes for as little as $600.Tenants are typically short term and if screening is tough the units remain empty.

I think there are two variables when determining if you got your money's worth.1.

Sounds like the estimate from them is based on closing on the 15th, so if another date is used then the numbers will fluctuate.The unknowns are unknown, otherwise the things would be known and itemized on the estimate.Now, if the lender will be escrowing taxes and insurance, then the determination of the disbursement schedule and resulting "low water" escrow balance (1/6 of annual total due to be paid into escrow) tends to move a bit when the settlement date moves.

Capital expenditures are evenly split (this seems like it could be problematic to make these determinations).3) Obtain a straight 5-10 year loan from a private investor, and you keep all the profit and risks above the borrowing costs.4) Obtain a 5-10 year loan from a private investor at a lower rate, and you and the investor split the equity (net sales proceeds minus note balance) when the property is sold in the 5-7 year time frame.5) A lot of the big turnkey companies are combining (1) and (3) by selling the rental to an investor and matching the investor with a private lender that they’ve cultivated.Obviously, option 3 is the only that that is just like dealing with a bank.

This is a pride of ownership thing.

Have the surveyor determine whether the property is mis-classified by FEMA and is actually in a different flood zone.3.

Like others have said make sure that you have proof of ownership on hand.

Beyond that, I think the important thing to determine is whether the bad credit was due to an isolated life event or whether it is an ongoing situation.

All this leads me to suspect that they're stalling for time and when the taxes are due I won't be able to pay them and then my cousin will be able to take over sole ownership of the entire property.Please don't give up on me !