Paying cash for a FSBO to flip. What should I know?

[Doug Fluckiger]

We'll be paying cash for a property in the Joplin, MO area for our daughter to live in. She'll help with minor upgrades such as painting, but we'll have contractors handle plumbing, flooring, etc. She may not be there longer than six months, so when renovations are complete and she leaves, we'll sell it.

The question: if we're not financing the property, what paperwork needs to be completed? Title search and transfer, insurance, contract, what else? What do I put in the contract? Is there a template I can use? An attorney to review before completion?