FYI these types of liens are extremely negotiable.

Extremely low inventories and multiple bids on homes.

There are great rates after Labor Day and the water is warm, the crowds are down and the weather is great.I think that some people mix business and pleasure, then wonder why neither was satisfying.

My father owns 3 rentals and is an electrician who is extremely handy and knowledgeable in that area.

Moreover, if the seller is resisting having the utilities on, I'd view that as a HUGE red flag (similar to how I'd view it if someone tried to sell me a used car, but wouldn't let me test drive it or even start the engine).Since correct and thorough due diligence is the foundation of successful REI, I'd be extremely hesitant to buy a property without testing the aforementioned items (unless the property was so heavily discounted that I could replace/fix all of those items if they turned out to be faulty...but even then, I'd be wary).I'd suggest strategizing with your agent on the best way to get the utilities turned on so you can do a correct inspection...Good luck out there!

Especially for SFR see the roommate ordinance:  with a single family home you literally have no control over the number of roomates the tenants choose to bring in,  all they have to do is claim an extremely overbroad "family" relation to bypass all screening and all occupancy limits.   

Just browsing through this forum has been extremely informative so far.

Many owner finance agreements that I’ve worked on Have very extreme foreclosure clauses.

Whatever that percentage ratio is after pro-form analysis should serve as a good starting point to the equity split.You are improving a property that has debt against it I assume so perhaps you want to include some additional provisions to ensure that debt is satisfied to the extent you are either keeping it on the new lot or paying it off.

Ask them what extreme sacrifices they personally made to accommodate this car expense before they cheated you on their housing expenses