Dan,It sounds like your friend approached you and is already willing and able to invest with you, so I am not sure an "initial letter" is needed here.The most important part is your operating agreement if you choose to form an entity in which you both are 50% partners or a well written joint venture agreement if you use your own entities as partnerships.These contracts/documents should stipulate all teh duties of each party, death survival verbiage, insurance, and all details of the deal process.

I don't know if all counties have it, but here in Houston, we have the Harris County Appraisal District.org online for free and they give you present owner, tax appraisal, taxes, school districts, etc.

The might tiny oak survived the summer, and when I do any spraying next year, I'll bring an old bushel basket along to cover up any small plants before I hit the area.This was just in my own yard.

(On a positive note, I did survive that rough patch in my life and I'm much better now.)

Scoping out neighborhoods is a survival tactic for me.Physical signs that I look for -* Dumpsters* Contractors coming and going* Elimination of poverty industry (Check cashing places, title pawns, pawn shops) in favor of more bohemian establishments (Coffee shops, box stores, cafes, etc.)* Clean-up and neighborhoods taking care of themselves.

full time for 2 or 3 years now...i don't have much living expenses, so after my first flip where i made a subtantial amount of money, i decided t do it full time...i have enough rentals and apartments to keep me eating and surviving between flips :)

The brother, as the only surviving heir, is going to be the eventual owner.

Bo Wagner Harris Wagner Law [email protected]: 404-325-0291C: 404-630-2647He and his firm have done about 50 closings for me in the past few years.

Now, some states have different rules for whether HOA liens survive a foreclosure, and you will have to uncover what those rules are for the state where the purchase lies.

(harris county)?