Now, you can decided if you are willing to make that trade-off.FWIW, I would ALWAYS still get the inspection done.

Educate yourself as you go, but the most important step in this process is to TAKE ACTION!

currently a senior in college. been reading bp books, attending webinars, listening to podcasts, and trying to learn as much as possible. going to do a house back once i graduate. what are steps i should be taking now...

You could make it clear that not paying may result in legal action and a judgement against them that could impact them renting, major purchases, or getting married.

So my question is what is the best course of action: 1) Give notice to vacate after X days if the rental agreement isn't signed?

Sounds like you may still be in the information gathering stage, but if you're looking for networking and action to get your first deal, you may want to check out the rookie bootcamp.

I lived and managed a 3 family home owned by my brother where I cleaned, minor fixes things, painted the floor where I lived and left better than I got it, I also took care of renters, collected rent, cut grass, and cleaned snow in winter for a fair trade of really low rent where I was able to save money while learning to manage a rental property.

Would this have any affect if they were to pursue legal action if the intended landlord's use of property is not followed within the 6 months?

When the tenant left, I posted it on Facebook marketplace in June for cheap and got a lot of action, eventually settling on a guy who had a construction company who was going to fix and flip.

What are my courses of action here?