@Jourdan MercerAn owner financing agreement between buyer and seller should always be memorialized in a written document that includes the specifics of the deal.

I too spend about $10k-15K per property for furnishings and since you are now receiving bookings you can rest easy that "the money will come" and this upfront expenditure will be a distant memory. 

My memory is that evicting the tenant because the building is being sold is an exemption.

It would make me more sick Hi Dan,It’s been a decade so my memory is likely inaccurate but I recall that Federal plus Provincial was a bit over 50%, and yes I was top marginal tax bracket.

and these posts bring back all those memories.

@mark @Mark S.I think it was around $150/200 month if my memory serves me right.

The last one I sold like this the child was 14 if memory serves me correctly.

Your comment "stay in NY" brings back memories.

Breakdown of my investor clients by their professions (this is roughly from memory)1) Doctors / medical profession2) Sales (technology and payment processing two big ones)3) Software engineers4) General engineers (have quite a few clients in this space....mechanical, electrical, even one optical specialist)5) Everything else - I love talking to people and learning the interesting ways they make money. 

Best episode in recent memory.