I'm impressed by all your prompt responses.

There's nothing that stipulates if you do something against their 'rules' what exactly their remedy is, and whether or not there's options for any penalties such as the property owner association repairing the problem and billing you etc., and local authorities aren't authorized to do anything without a court order.

I feel that one of the main things holding me back right now is my repair estimates.

Any immediate repairs (capex) to the property??

Too many repairs, not enough equity, he had no cash to come out of pocket for the creative deal I was trying to put together for him.

If its generating 11k net after asking its not even an 8 cap assuming these repairs and ect.

In Sandwich lease option, who is usually responsible for tenant damages and repairs?

Because the characters ion the tv show dont know what the costs are for repairs its impossible to know what the profit will be without getting inside.

Depending on the age of the property and deferred maintenance you might be looking at way more than 10k on just the interior.With you at 10k for repair, 3 months lost rent, closing costs and due diligence you are close to 20k expenditures already.

Avi, there is a lot to know about when it comes to rehabbing but I will cover a few of the most basic mistakes new rehabbers make, although it sounds like you have some real estate investing experience so hopefully you can avoid these:1) Overestimating ARV (after repair value): it is human nature to be optimistic and look at the best case scenario, but you have to be realistic when analyzing the end sale price of a property.