You could role the property into a commercial loan down the road.

@Riaz MohamedRent to own is borrower is renting property and typically a portion of the payments goes towards the principal / purchase priceLease purchase is the person leases the property and has an option to purchase the property at a certain price within a certain timeframe where payments Typically DO NOT go towards paying down the purchase priceIf they do not exercise the option it’s just a regular leaseContract for deed is when they receive title after making payments per the agreement.

It scales nicely when you're in commercial and you get to major in the role of capital manager.

So I am up against a deadline for a reduced payoff of a non-performing mortgage that otherwise has spiraled way out of control.Reduced payoff - 645KDeadline - a couple of daysPay off required after deadline- 790KAs is value of home:  ~950K, but with some rehab can be condo converted and sold for much much more, based on comps.Neighborhood is nearly impossible to buy property in right now, due to upcoming public transit and huge changes.3 investors came willing to do a JV as follows:  Simple split of profits 25%My role would be passive.I felt this did not make sense for me because the value of the property - the buy in for acquisition = My equity, which is thus my capital contribution .So for example if I wanted to buy myself out a week into the project, i get zero, even though I contributed my equity.I offered this deal instead:For my approximate 25% capital buy in via equity + me bringing a very hard to acquire deal to the table, should give me 25% of the gross value, at any point. 

I’m less focused on passive income for nowIdeally tax advantaged (if possible), since I am in high tax CASomething that can be semi-part time, that I can grow into a larger full time role.

Your role is purely passive. 

If the answer is no then just simply instruct your agent that you want to exercise your inspection contingency and back out of the deal.

Her role was minimal.I expected to get slam from realtors because they have a self-interest (no offense). 

I know the as-is clause in our state contracts allows a buyer to exercise his inspection contingency and get his deposit back if something comes up in the inspection that would make the buyer want to back out.

Saw your recent post in BP, very active role indeed, thank you.