Is the contract notarized?   

You can visit the appraisal district website and check if the new value is posted already.Don't forget to protest the assessed value.You can try taxprotest.me.Just $20 to generate all the protest docs you need including affidavit so you can notarize it and skip the hearing.The website is easy to use and self-explanatory, feel free to take a look.

Your going to have to find or draft a operating agreement, that is signed and notarized by all parties.

Also what is the steps for hiring contractors for flip projects and what not .. are they paid 1099 as well, Do I have to file any tax forms for them.. 

Greg,You can try taxprotest.me.Just $20 to generate all the protest docs you need including affidavit so you can notarize it and skip the hearing.The website is easy to use and self-explanatory, feel free to take a look.

Make sure if you follow through to get the lien released from the property that you have a notarized release of lien and submit it to the county so that it is on public record.

Do you ever get the agreements/contracts notarized and recorded at the county clerks office in case someone else tries to buy the house.I think where I live, no matter which title company or attorney I go through, I will have to be explaining exactly what I want to do with each person I am dealing with.

., deeds, notarized items, etc.).

FHA loans - 203K or not - are only for owner occupied primary residences.

More often times, I think, than not, are the ability to secure a mortgage.