Perhaps you discount rent to get the handyman.Which brings me to the next issue with this asset.  

But, do not discount the value of an existing mortgage that you acquired without thinking of the property as a long-term buy & hold and the ability to have a renter retire that loan for you at an accelerated rate.  

Ok, you guys are convincing me that this is something that i should look at...But, do i try for straight owner financing or a lease option? 

The discount here is  19.55% (to UPB).  

You could write a note in second position on your properties (your ownership interest in the company, mortgaging over a balance to you), but these second position notes are severely discounted when you try to sell it for cash on the open marketplace.  

I'm currently negotiating with a seller with a straight option deal.

If your marketing dollars are slim & you're going to try & hustle to get someone to let you lock their house under contract at a significant discount, you're going to make 100 offers.

In tha case I just straight up ask them can you get this done in 30 days and if they say no ( it happends ) but are honest I'll talk to my realtor and just say extend the COE ( close of escrow ) 5 or 7 days.After you extend for 2nd time at that point I would just have the buyer start paying for daily interest. 

That said, it’s not so much the unexpected problems (which we all try to prevent, but understand may happen) that I’d be most uncomfortable with, but the lack of straight forward, up front communication.

The walls are straight and smooth.