We are on the final stretch in getting a debt fund established; and look forward to the increased liquidity it will allow us to pull in. 

Are you in a market with good multifamily stock that have rents high enough for you and your husband to cashflow and meet whatever return on investment targets you have established? 

You need to prove yourself as a savvy investor first, then have a deal to present.Second, raising money is really hard right now, even for well established companies with $7 figure marketing budgets.  

My goals are established, I'll keep surfing through BP and learning more

Specifically, anything indicating that the lease is completed and both sides have no claims or issues with each other.There's no "standard" agreement that I'm aware of, but we've done a bilateral "Termination of Rental Agreement" when we wanted to document that a tenant has officially moved out, that there are no outstanding funds owed, and that there are no claims or issues.These agreements are particularly useful when doing "cash for keys" with a tenant.I would keep it simple: State in the document exactly what you want to establish as facts, and then run it by an attorney for good measure.I'd also recommend requiring the tenant's signature be notarized.

It will cost him a lot to move, plus the time and trouble, and he'll end up paying much more for the new place.I recommend you show him a few examples from Zillow so he understands the market and what your property is worth.

Welcome Tim,As someone who just recently started and was finally able to buy their first property there is definitely a lot to it, you'll always be learning so don't try to know it all at once.

So if I don’t have established rental income early next year then it’s not a good look, huh? 

My name is Tom, and I am an analyst and certified appraiser with TYA Group.I am currently looking to establish connections with wholesalers who operate in Cleveland and its suburban areas.My primary interest is in single-family homes and duplexes.

I don't have a whole lot to put down but I do now make six figures in my current career and have extra money to start saving each month for whatever expense may come about.