You want to prep the surface, fill in imperfections, High build primer, and aacrylic finish.

Is there a call forwarding service similar to google voice, but will allow you to have more than one number forward to the same phone?

While most notes waive notices of dishonor and presentment or default allowing demand for cure, notice of default can be public notice.

But he is allowing me to use 1 as collateral. 

If a bank would allow a transfer to a LLC in the future that would be great however from what I have read that is unlikely.

You start with a bad baseline, which creates a lot of upwards potential and a ton of work to do, which allows you to follow your own vision and do it right!

I have to do the due diligence with the city to make sure the allowances for water, sewer, electric infrastructure can be accommodated.

. - 2 + 1 would only be 7 people allowed in that house.

Always remember to do the math analysis on the prospective property and try to look at the subject property before you make an offer or at least have a clause that allows you the time (about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that hurts you.Right after you close get an insurance policy that will protect you if there is a loss.  

The situation with this Seller could be allow you to eliminate the existing owner's monthly payments, create a home ownership opportunity for someone that didn't exist before and help you make some money all at the same time.