However, once he has moved on, if it remains full of stuff, then there might be some real possibilities.Also, if he really has a disorder, he may not have the ability to negotiate with you.

You may end up with you payment being sent back to you and a bill for whatever days they gave you to repair the house.

Thank you both for responding and I wish I had the ability to add more clarity to the question I really have which is how do these types of realestate deals sell when they clearly are not giving a return that's viable.

Don’t underestimate medical science and their ability to come out with a drug.

The only thing they lack is the ability to track overall profit/expense across multiple properties. 

Once you buy the property, you can transfer it into an LLC, but that won't affect the initial rate you get or your ability to qualify.

If COVID and other factors around the Twin Cities area right now increase vacancy, or cause the tenants to not be able to pay on time, how will that affect your ability to meet the balloon payment?

It is important that you are well aware of the lending environment when putting out offers and your ability as a borrower to be qualified.

Tell me something that I don’t know.The surefire way to discourage feedback on your question is to get belligerent with members who reply.Location is critical in the ability to achieve the advertised returns. 

A truck hit our garage and we were completely without the ability to fix it in  a timely manner due to the time of year could not get a decent contractor to work on it We desperately want to relist but we understand that the property history given what it has become is a major deterent and we feel that we will continue to go round and round.