I did use a REA and the Water Softener was not on inclusions or exclusions list.

@Patrick Barry You actually dont have any ridk, he is financing the whole deal.. no risk nor liability. remember that the word contractor means that you have a contractors license, and if you have employees, then you need insurances. the more accurate description for you is project manager, that means you will just be responsible in hiring subs, estimating and even buying materials to say the least. if thats the route, a regular agreement with only 2 llcs will work fine. just make sure if he doesnt hold up his end of the deal, you hit him with potential profit plus your time and expenses paid. i would suggest "50% of net profit if the property sells - and all expenses needs receipt of proof of payment", OR "$xxxx/week (including, gas time, truck rental or all inclusive) from start of the agreement for 6 months or until end of rehab and this weekly charge is due in 1 year if property doesnt sell."

I've put the list in order of inclusiveness...as in the top of the list is always, and the last item it left off the most - 1 - Property owned by seller2 - Rehab is completed3 - Property has tenant in place4 - Property Manager is included5 - Financing provided to Buyer (not necessarily from the Seller)6 - LLC is includedIn my experience, we have a variety of different Buyers looking for TurnKey. 

We are extremely inclusive of expenses within our pro-forma, so our Rehab Estimate includes all Carrying Costs as well.

I meant that those functions would be all inclusive in the parent company.

I am giving a general answer to what will have many variables so this by no means is an all inclusive answer.If you decide to see an attorney make sure you write down your questions before hand.Attorneys like to babble sometimes and are only asking questions to see if it leads to money for them.Make sure you get your questions answered so even if you do not go that route you have gained some knowledge in helping you make a decisions.Not all attorneys are like that but you have to be cautious.

this give you many tools, such as sub2, sub2 w land trusts, installment sale, lease option and assign, sandwich lease option, master lease, wrap - all inclusive trust deed, purchase option equity split, joint venture with the seller (dont buy it, jv and improve the property, and take your profit on the re sale).B.

Hi @Aaron Lenartz Types of Seller Financing ArrangementsAll-inclusive mortgage/DOT or Wrap Around Mortgage. 

Kind of like on a All inclusive DT in CA you have the right to pay the first if the person who wrapped you failed to make it..

Here is the diagram you referred to.Please notice the 3 column Presentation includes:Buying - Controlling with Seller Financing : Lease Option Assignment, Sub2 with or without land trusts, contract for deed, master lease option, wrap around mortgage - all inclusive trust deed, purchase money mortgage, etc.Using a legal pad  - Visuals help home sellers look at all the options.