Account Closed , there is no one right answer and it really depends on your risk tolerance, which depends on your financial situation.

Those costs have come back down to realistic numbers now too.Every situation will be different but i hope that helps some. 

Do any of you wise individuals have thoughts about my situation or recommend HMLs to talk to?

The idea is to ease her worry of future increases in her current rent situation by letting her pay what she can afford toward this new house and I would cover the rest.

The way to go about it is to create win-win-win situations, and to listen carefully to your motivated sellers to eke out why they are selling and what their sticking points are.

I understand if the bank is trying to verify that the soft copies of the 1040 (already provided by the seller) are unmodified, but this seems to be putting the seller in a situation where they are being forced to disclose too much personal information unrelated to the sale of the business/property...

Hi All, Here is my situation and I am hoping to get some insights here.

Personally, in this type of situation, I would not bother.

It has all of the instructions you need.You may only do this if:They are not currently in a term lease (ie, they are month-to-month, not under a lease that has yet to expire)You give 60 days noticeYou pay them 1 months rentYou actually intend to occupy the unitYou do NOT rent it out again for at least 12 months, even if your situation changes and you move out again.You can find the form here:http://www.sjto.gov.on.ca/documents/ltb/Notices%20...I also highly recommend you read the actual rules about it here:https://www.ontario.ca/laws/statute/06r17#BK65In fact, read that whole document if you're ever going to run a rental property.

want to give an update on the situation.