just use him as a private lender, pay him x amount of y period.As if flip deals go south, you don't want to be in a financial dispute with a guy that can make your life difficult at work.

Even to this day I still get worked up during negotiations, It totally consumes my life until I either get it bought or don't.

Just because the curtians are drawn and you don't see any life, the yard hasn't been mowed and the swing is rusted doesn't mean some little old lady isn't inside.

He was a young, healthy guy with very little life insurance.

This person will make my life so much easier and being I already have a project manager working as an independant contractor, this will probably be my first full time employee.

I don't know if you can only claim depreciation for the first 27.5 years of the life of the house, or 27.5 years from when you buy it.Hopefully some of the tax guys will come in here and give you a more solid answer.

Not my style of house but Im sure someone else will love it.

Call it the Life of a Property.

The house is located on a double lot with a large, 2 1/2 car barn-style detached garage that sits behind the 2nd lot.

The hand-out will typically fall under your negative stigma type occupant, where as the "hand-up" can be a financially savvy graduate student, a hard working blue collar employee, or any walk of life just looking for an affordable opportunity.