Lawyer neccessary

[Mikey Cas]

Hey guys, Ive been doing tons of research about investing, cash flow analysis, rental properties etc. on this forum and reading books. Now I am actually close to a deal and I want to get a move on it before I lose the opportunity. When it comes to a FSBO property, would I need to hire a lawyer, or could I just write up a contract with seller. Also with insurance I would like to get some sort of policy but Id rather get into the property first. What do you guys think. Ive passed up deals because I was too cautious, maybe a little scared, but now Im ready and I dont want to miss this investment, but at the same time I dont want to rush.