Assuming you used the standard FARBAR realtor contract, the seller is obligated to deliver the house in the same condition as when the contract was signed.

Don't get caught up thinking you'll catch the express train all the way to the top.  

(We will see)If not delivered, I will issue the 3 day notice on Sunday myself. 

A standard preferred return followed by a split is less complicated than having all sorts of complicated structures after X value is delivered.  

Martin I already plan to check out your meetup :) I found Johnson H's on meetup.com, and unfortunately I can't make it to San Jose (no car at the moment, and even if I did have one/took the train, I'm at work until 7:00ish on tuesday)Again, sweat equity is fine, but personal where it only makes sense if I'm the one doing the labor is not.

That way, if anyone needs to deliver legal documents to the LLC, there is someone registered locally.

I have trust in his ability to deliver a fully rehabbed property.

or use the free training here. 

A good one will work with you in your market, help you "set up shop", and get you up and running with something that should put enough money to at least pay for your training in a matter of weeks. 

Of course, the same goes for tenants, but it's on the landlord to demand from tenants clearly and to train them.