Originally posted by @Eric Michaels: The C buyer will almost certainly not be able to get a conventional mortgage with 1 day transactional funding in place.

@Michael Lerch I agree, it was harsh, when you were a little kid and started to run in front of a car, I bet your parents spoke harshly, responded quickly with a commanding voice.

Hi @Michael Campbell Here is my issue with your "greedy seller" If you care about the tenant buyer getting the mortgage, set the sales price at the current comps with 3% option fee.

Originally posted by @Michael Noto:All of these hoops to jump through for a prospective tenant will only work if you are in a very high demand rental area with working professionals as tenants. 

Hey welcome to BiggerPockets @Michael Hartman !

@Michael Noto I would love to get $600/mo cashflow AFTER expenses--to do that with SFH is tough--so that's why I was looking at perhaps multi-units instead.I've got 3 rentals right now, but looking at the "end-game" to create a solid plan to $9k/mo.  

Michael,Thanks for the tips.

Originally posted by @Michael Noto:Just know if you allow 1 pit bull, are you ready for all of the other tenants wanting them as well?  

Michael Noto I would consider my area middle class, but do see a lot of rehabbers outsourcing.

Michael St John is a former Berkeley Rent Board guy and now landlord consultant, so I don't know if he'll be sympathetic to your cause as representing a tenant - but I'm sure would be knowledgeable enough to inform you if he wants to.. http://stjohnandassociates.net/I'll also send you the name of an attorney, but again, more on the manager side.