If he doesn't need all the money right now and just to unload the property than humor him with a seller financing in the form of a balloon loan where you pay only interest on a monthly basis. 

He said over the next 3-5 years he was going to be unloading everything to retire and move to Florida.  

one of the biggest advantages is that it is way less expensive to sell the LLC then going the whole realtor route when unloading properties

do not let a contractor get yayou need someone licensed bonded and insured if you allow a handy man do the work and or you do the work and something goes bad you will be liablemake sure you find the above get all the permits that are required and save yourself a lot of heartbreakthere are to many stories to list from this forum alone of shady contractors and the owner flipping the bill or even loosing the propertyyoull find the right person for the jobcheck angies list or home adviser to get a foot in to see whos out thereyou could also go to your local lumber yard or plumbing warehouse and see if you could find a referral for a contractorenjoy

This particular seller's pain points were :- he was getting old and getting ready to retire - he was unloading his portfolio- he wants to move to another country- he self manages his rentals and works his full time job- the rents are under market because he doesn't want to update the units because he "doesn't have time for turnover"The problem is he was so fixed on his $1.2M price despite rents only being at $700.

You live in a house made with lumber cut down by a big, bad corporation.

roger, i'm with jon...if you can unload it, i would!

A friend of mine owns 3 lumber yards and right now they have a massive supply of inventory like windows doors etc.

Banks do not seem to be nearly as desperate to unload inventory.I tried to get some deals in December and they would not budge.

I would like to add that something to keep in mind is variability in dimensional lumber sizes when planning repairs.