In the meantime, with her potential issues making rent, it definitely seems best to keep him on the lease.  

. - it’s wood Construction and the current owners seem to have had issues with termites, as they’ve fumigated, which includes tenting and removing tenants - expensive procedure that could significantly impact cash flow.The agent I worked with to get this info is excellent and has worked with investors before - pm me if you want her contact.Good luck!

If not, you need to consider the time involved with obtaining estimates, reviews, scheduling, providing access, handling issues that come up (like new water heater required  we remove the entire door and frame for access as they are wider now).   

If price isn’t that big an issue to you, a cash investor would be able to close quickly if the price is low enough for them.

However, your landlord is likely notifying you of  the complaint because there are sufficient complaints from her other tenants to warrant letting you know; concerned that other good, quiet tenants may leave if the issue is not resolved; and covering herself in case there is an actual drug issue. 

The only major issue with that would be if we get a big jump in rates, which we would run into with a loan to the Llc anyway.

Michael,Sub2's aren't a pipe dream, but there can be some serious technical issues with SFR's.

The issue is if you do it on an owner-occupied home within a year of closing you have also committed loan fraud which is a federal crime and a felony.Most if not all portfolio lenders will allow you to close in the name of an LLC, and some require it because they classify the loan as a business loan and do not have to follow Dodd-Frank protocols. 

Make sure the title is good (sometimes foreclosures are done to fix title issues that cannot be fixed otherwise, or in lieu of a quiet title suit).Close the property, best before the two weeks is up.Wholesale it out.Sometimes, if the property is under contract, the foreclosing entity will postpone the auction.Good Luck,Jim

For only $ABC dollar amount you get an additional potential mold issues inside walls.How do I know that?