We were fortunate to be able to execute exactly as planned and within the prescribed timeframe.

The misconception comes from the execution and not the concept.

That contract is subject to inspection within so many days of the execution of the contract, then get in there with your buyer inspector. 

Perhaps receiving security deposit is a form of executing the lease. 

@Prashant ShethYou may only execute one 60-day/indirect rollover in a 12 month period.Since you did not actually return the prior funds and those are now considered a distribution, you have not used that one-time allowance.  

I would pull the sink up so the painted edge is protected at the most vulnerable spot.

Also, these sellers are now additional testimonials for me when I'm speaking to other sellers or potential private lenders, as I executed exactly as I said I would and never missed a payment or had so much as a single issue during the lease term.Disclaimer...

You may get lucky with a slow season right now, but I have been down the 203K route and without a good contractor signed on board you will have trouble.Your plan is still a good one, but without the proper pieces of the puzzle (contractor, bank to sign off on 203K + contractor) you will have trouble executing it.

Owner placed property in land trust, we immediately executed a Change in Beneficial Interest for granting me 90% and him 10% (trying to avoid the DOS clause). 

Plus, the Program Executive Office for Business Enterprise Systems develops, acquires and sustains all of the applications for the Air Force globally, and the 26th Network Operations Squadron operates and defends the Air Force network worldwide.Maxwell AFB, the City of Montgomery, ans the Montgomery County Commission are participants in the Smart City/Smart Base initiative.