I would take him up on it since you have absolutely no risk.Unless you sign some sort of non-compete and are not allowed to do deals outside the partnership until he recoups $500k then that would be a large potential issue.Good luck!

Hi everyone, my company builds single family homes in SW Florida, I have had a few potential buyers reaching out to me regarding potentially submitting an offer and going under contract for different properties, while they are under construction.

It's too expensive and their really aren't that many great deals to be had.Single family are your best bet for great deals in Toledo.The multifamily market is also at all time high's.Be patient as the deals are always out there.Just don't stop looking :)

Renovations for accessibility could be an additional cost.Sell the Property: Selling could free up a significant amount of cash, allowing you to pay off the HELOC and potentially purchase a condo that meets your family's accessibility needs.

I would be interested to view these listings to determine if the locations, work needed, and potential cash flow made sense for my current situation. 

So you can quantify your potential cost increase.

I'm willing to bet that during a vacancy either they or the guests turned down the heat too low or maybe left a window or door open causing the pipes to freeze. 

Not sure if this is an effective risk assessment, but feel like it's safer than chasing the highest cashflows in potentially volatile markets.

It's just a matter of finding reasonably priced options that others have not gotten to yet.Pensacola Beach has great rental potential and demand, but options are limited and prices are high.

If our plans are to sell the property in a short period of time, we may also agree to let that agent list the property for us when we go to sell it so they may make a round trip on their commissions.When a business is trying to grow, we've found that finding more potential deals is often times a company's most important mission and can also be the single most difficult challenge.Utilizing wholesalers is an easy way to find opportunities, simply because they find the opportunities for you.