As a result, they are renting this 3-bed, 2-bath house for $1000 a month to a group of guys who aren't on any type of rental agreement or lease.

In my network I've reached out to a RE friend of mine and she has a investor end buyer that is interested in my deal which consists of 3 properties as a package deal from the seller i.e the seller does not want to sell just 1 of the properties it must be all 3 of them which are cash flowing rentals.My question is my RE friend has to legally transact the deal on a "CAR" purchase agreement.

On termination of the tenancy, property or money held by the landlord as prepaid rent and security may be applied to the payment of all rent, and subject to a landlord's duty to mitigate, all charges as specified in the signed lease agreement, or as provided in this chapter, including the amount of damages which the landlord has suffered by reason of the tenant's noncompliance with section 33-1341.

When there is a recently acquired long-term rental, lenders can simply throw in the lease agreement and use 75% of the rental income from that, but on a short-term rental, there is no lease agreement, so the only way to document what the actual cash flow is, is by using Schedule E of your most recent tax return filing. 

Their listing agreement sets a commission rate. 

What that doesn't take into account are if the seller is in or has ever been in a loan modification, if they paid on time or if they are in a forebearance agreement. 

Thanks in advance.When you are buying subject to, you need a purchase and sale agreement, special disclosures and a flurry of other knowledge & forms.

I protect my interest with a minority equity position in the entity that holds the property and a clause in the operating agreement that gives me majority ownership in case of a default.

Hi All,Does anyone have a source for Rental Agreements templates.

Every time I need to send purchase agreements.