I’ve used ChatGPT to draft both, but I’d appreciate any advice on how to ensure these contracts are legally sound and ready to use with sellers and buyers.Thank you for your time and guidance!

Here’s how to get itFor an unbiased legal opinion, consultant with an attorney whose fee isn’t contingent on outcome, or loading billable hoursFor an unbiased financial opinion, consultant with a FEE ONLY financial or FEE ONLY investment advisorFor an unbiased real estate opinion, consultant with a fee based consultant, preferably one who has obtained the CRE (counselors of real estate ) designation. 

DISCLAIMER: I am not an attorney and this is not legal advice!

Anyone have a assignment contract template of sorts that will work in the state of Nebraska or any state legal use?

Legal or otherwise.

., I definitely agree with the accounting piece, what are you thought on the legalities side of this.

I will also PM you, Allen, regarding the legal recourse question.

@Kamryn DeVaultTo invest in a duplex, consider factors like neighborhood quality, economic stability, safety, property condition, cash flow potential, financing options, tenant screening, lease agreements, future potential, legal and zoning considerations, maintenance and management, networking, and starting small and scaling.

The primary reason why people form a company is to limit their legal liability from lawsuits.

A legally suited detached with garage is around the $375k - 450k point (in decent shape). 3 bedroom, 1.5 bath main floor around 1100 sqft can rent for $2000-$2200 a month (utilities included). 3 bedroom, 1 bath basement can rent for around $1600-$1800.