Grammar is the set of rules governing structure, not incorrect spelling.

So what they're spelling out is required liability insurance for LLCs LICENSED by the Division of Insurance and not requirements for liability insurance for all LLCs.Standard not a lawyer disclaimer.

Now you are saying you have an investor looking to be a franchisee.Either you have an investor wanting to be a franchisee and you are working as a franchise consultant or a business broker or you have an investment partner that wants to buy this with you.The FDD ( franchise disclosure document) generally spells out all fees and costs from the parent company selling the franchises.There are new stores and then there are existing stores that are for sale or they might want to sell but do not have actively on the market.

If so, use photos and video and document document document exactly what needs to be cured in the home and spell it out for the bank why your offer is fair.

First of all figure out what the market rent house and get the rent to be a lot less than the payment that you're giving himUsing just big numbers 500,000 sales price given 510 for the property market rent is 2000 give them 1000 for installment sale paymentLook up the imputed interest tables on the IRS websiteShould be able to go to Bankrate.com to figure out at that interest-rate at that payment at that bounce how many paymentsKnow that you got your offer and you're paying more than the appraised value but you're turning the property not into a rental for him but you're turning it into a private first mortgageTo answer your question about who drives them, I would go to a RMLO or a notebook broker, and use a  title company for an installment sales contractOn installment sales contract I would just write "the vendee agrees to use property as a landlord and not a tenant and Dodd Frank Law (spell out the exact name of the Dodd Frank Law) does not apply to this transaction.

Your mortgage documents should spell out any waiting period.

Turns out at the time I was not spelling her name right, when I did after we had problems, I found she had gotten in trouble a lot, including beating up her boyfriend/husband a few times, all in all showing that she was not a rule follower.

@Steven BirchNo relationship is so good that a clearly spelled out partnership agreement isn’t needed.

Ill try to spell everything out as much as i can.Purchase Price: $173,500 Down payment 20% - $34,700ARV: $185,000 (conservative)Repairs: $80000Closing Costs: $3000Total: $45,700Income: $1957Expenses: $1529monthly cashflow: $427cash on cash roi: 12.39%So at this point i would contact a hard money lender and get a loan of  $185,000?

You would also draft an Operating Agreement which spells everything out as far as the contributions of each party and ownership.