Damn.

I closed on a home a few weeks ago for which the town inspector gave a list of items I needed to fix within the house and some outstanding permit.  

You're paying top dollar.Turnkey in my mine requires:a rental in good condition, no or minimal repairs at coewith existing tenantsall renters currentno outstanding liensFLOWING CASHFor an out-of-state owner, you then need a PM company to run it and if there's still cash flow and/or a cash/cash rate you're happy with - - you've got a gold mine.You can vet all of this in your research or at least in escrow with proper contingencies:The flowing cash comes from the NOI and that allows your offer to discover the other facts.

Hi Immanuel, If you're still looking, I personally know someone who is savvy with taxes and creates an outstanding relationship with his clients.

Looking for attorney and tax advisor to help develop plan to address and resolve any outstanding tax debts.

Damn I will do this for 10% of the $. 

That and the outstanding tech sealed the deal for me.

Hello My, my markets are "under the radar" but absolutely outstanding. 

I believe a better circumstance for the buyer would be to have an option to "buy" another 5 or 7 or 10 years of balloon extension for some enticing payment of principal (say, 5% or 10% of the outstanding principal or of the original purchase price) or, and far less ideal but that may prove to save your client's butt, some hopefully lesser amount of a payment that doesn't get applied to principal but that buys a good extension.

The timing isn't great but damn what an opportunity, I hate to not even TRY to consider making it happen....Thanks gurus!