If you were in Seattle you could not end this lease or month/month, no options at all, and you would be stuck with this person until they are carried out.

You could set up a “deferred down payment for 12 months” or have a stepped up down payment (so much per month until number is met) It's really whatever makes sense for the two of you.Things to consider, property taxes have to be paid, repairs have to be made, vacancies have to be accounted for, insurance has to be in the name of the person on title.

Personally, I would go after base hits 

@Katelin UhinckIf the commute is an issue you could buy a property that cashflows to go toward personal expenses and still have the long term benefits of having renters pay off the mortgage.

If the person or service is fantastic, there is potential for A LOT of business (~160 turns per year).

I guess how you handle the person by building a relationship is key here.

Personally, I think curb appeal is low on the list for MTR success.

Personally, I rent out properties that I personally would live in- and I carefully screen my tenants.

Make sure to confirmwith the title agent if you need to bring certified funds or wire the funds beforehand and how far in advance the funds must be wired.

What they said^^^^No obtaining a permit for a structure that will be a habitable dwelling is just plain stupid... sorry - nothing personal.