I plan to keep it long term.

At the end of the day, they have the benefit that they will continue to have a license in that municipality until a renewal is required.I do think it's fair to charge a reasonable fee to pull a permit.  

As we all know, REI is a very powerful tool to building LONG TERM WEALTH.

This is supported by search trends by terms like "affordable apartments Fayetteville NC" and "houses for rent under $500 in Fayetteville NC" suggesting a high demand for cost-effective living arrangements.

Hi @Abdul Siddiqui, I built a beach house in 2021 that I use as a short term rental.

But the buyer wants the property at zero down.First leg:-- Buyer secures a loan (1st position) for $350K and sends to title company (this is the amount needed to pay off sellers loan + their required cash at close)-- Buyer also sends $650K cash to the title company (can put in your own cash, or do a temp loan from a transactional lender)-- First leg of txn is now complete, and the $1M stays at the title company (this is bc you customized escrow instructions upfront to instruct them how to disperse money before escrow began)Second leg:-- Buyer and Seller enter into an agreement through an LLC which allows them both to be on title, and seller agrees to seller finance the buyer $650K of the purchase price (on whatever terms they agreed on).

inspections can be uber frustrating in older homes..I know when we build new construction buyers have inspections and there is always a laundry list.its their job.you can refuse and move on.. its not common by the time the folks go into contract and spend money on inpsections and apprsials and such they usually will move forward if you address major issues.you can always put in your counter offer you will only address major issues any thing that is only for the benefit of long term ware and tear your not dealing with.. kind of set expectations up front.

So, he will reap the benefit of the reduction in P&I on the loan over time.If he is unable to obtain financing in one year, it would revert to a six month lease and he would be required to pay a damage deposit at that time.I am calling this an "Agreement of Intent to Purchase Residential Property" and not a Lease / Purchase Agreement.

Yes, that also means we are leaving some money on the table in the short term - but we do raise our rents every year by 5-10% and when turnover happens we take them to market rate.  

So, you should reach out to some local land banks in your area (google search that term specifically) and see if any of them offer cash out loans on land.