I can tell you that it's difficult pre-purchase to know enough about the borrower to say who has true need and who may be to some degree gaming the system.

The transaction will also be covered by the agents operating insurance (to a degree) if there are errors or omissions which should have been caught.I would also include both a financing clause and an inspection clause in any resulting offer and hire a building inspector to spend a day giving you a thorough examination of the property.Unfortunately, I cannot be of specific assistance in your situation - never operated in Michigan.  

Obviously I am sure this varies a bit from state to state as far as enforcement, but overall, Rhode Island does offer protection to the LLC if it is operated accordingly and pays attention to the smaller details associated with maintaining good standing and organization.  

I went to college, and it is not mandatory, and I got a business degree that was emphasizing real estate.  

I am 20 years old currently pursuing a degree in finance at Texas Tech University.

That zip can vary pretty widely.

I won‘t warranty 60 degree to you", or in other words she wont turn on central heat and tell me I cant use the space heater either?

Hi Lucy:Landlord/Tenant laws vary from state to state. 

How much do you think the taxes would vary for the owner of the rental? 

They are, ironically, owned by California-based Fidelity Title.Until which time you have a signed contract that your seller can and will perform on as well as pass good title to a buyer that can and will satisfy the terms of the sale, you do not, as they say, have a deal.The mechanics of double escrow closings vary.