It was to come in 2 payments. 5k and 5,100.Now I'm assuming this means things like appraisals and the like.

To that idea, it is the oxymoron of seal bid auctions of these types of assets, if you assume the highest bid wins.

However, you cannot create a loss with such a deduction so lets assume the S-Corp only had $12k profit & the qualifying vehicle was $20k.

I'm assuming you have a contract with them.

Assuming someone will agree to change a deal later after you have entered into a contract, is not sound.

@Jerry Kisasonak, I'm assuming your saying it would be a lawsuit if she didn't bring the loan current and tried to bring a tenant/buyer in?

I am assuming that the bottom chimney supports the top one, but before doing anything would obviously have a pro come and look.Another option I am considering is to put an electric 'fake' fireplace inserted where the wood currently goes.

They're asking $66k and it's been on the market the better part of a year.Estimated Rent: $700Vacancy: $58 (1 Month/Yr)Taxes: $105Maintenance and Repairs: $105 (15% of rent)Management: $70 (10% of rent, though I'll actually manage it myself)Insurance: $50 (estimated)Tenant will pay utilities.If I assume a 5.25% interest rate, 20% down, and want a 10% Cash on Cash return, the most I could offer is $47k with the seller covering closing costs.

Assuming that he's paying on time and not causing any other issues, I personally wouldn't have sent him the 30 day notice.

If they paid cash once, reasonable to assume they can and will again.