We have addendum's on both sides of the deal to CYA but figured if I don't have to list it why complicate matters?

I don't want to get caught up in an overly complicated deal, but $5000 down is sizeable amount on a $77,900 property.

There may just be too many complicated variables to make this incentive successful.

Both appraisals may be perfectly valid and within the standards of good appraisal technique, and I'm guessing that the appraiser often doesn't even realize that their personal opinion of the seller, their opinion of the buyer, their mood that day, their blood-sugar level, etc, all factors into the appraised value.Okay, this is where I get beat down again...go for it!

How complicated would it be?

Hi everyone, I have a bit of complicated deal (atleast for the inexperienced) Please let me know what your thoughts are and how best for me to proceed.This sfh came to me from a friend, apparently his father went through a mid life crisis, the ex wife got most of everything, anyways he is 5 months behind on a rental property he has owned for 18 years.

The one in that link is waaay to complicated.

J Scott - great negotiation technique.

I do think it is a wise risk management technique to have a LLC, DBA and PO Box to keep your personal information and address private but that has nothing to do with interacting with tenants.

I didn't include financing in the deal because that can complicate it, so keep in mind, if you want to borrow against these properties, you'll have an easier time with the nice homes.