I still withhold sufficient reserves for the reasons I indicated.

If I were you, I would hold out for a good deal that provides sufficient funds to set aside AND some cash flow.

The rest is having sufficient reserves so you can weather a storm.How much reserves you need depends on how difficult it may be to lease the building or convert it into something else.

Is their a legal document I could use, by me having an legal company name as an LLC if I use a proof of letter being that I am an LLC would this be sufficient, until I locate a cash buyer so I won't loose the contract.

I got one last year with Pennfed, no closing costs and no appraisal since they do a desk appraisal and if it's sufficient they wont do a regular one. 

Simply waiting 30 days from purchase is not sufficient.

When rubber meets the road, these low-cost/low-rent properties only make sense if you're turning and burning them, or are adding them to an existing portfolio where you have sufficient reserves already.I've got a property I am looking at that rents @ ~1750 for 2 units, so taking 10% for CAPEX -- which is an estimate on my part, good, bad, or indifferent -- sets aside $2,100 per year just for CAPEX.

if not then if you have sufficient proof that the home is worth what you are selling it for then it a rep should be able to get an underwriters signature.

From what I have read though if you employ solar and wind power generators then you are pretty much set, because if its not sunny then its likely stormy which means more wind :)Basically the civilization systems include everything you need to live a civilized life on an island, are completely self sufficient (you could remove the generator if you didn't mind the occasional black out), and again not as expensive as one would think, especially with the "go green" attitude really coming into play now a days, you may even start to see these kinds of systems becoming available to the rural population, and as economics dictates, the more widely available something becomes, the lower the price tends to be.Just thought I would throw what I know about islands out there for everyone.

What they gave was something much more important-- love, support, and an example of strength and self-sufficiency.