I propose a chess match, a thumb war or a game of Connect 4 to the death!

We want to make sure that we put together a proposal that lets the investors sleep well at night.

Your first post asks for opinions as to the quality of your proposed ad; when opinions are given you "disagree".

This is my first post, I have been following BP for few months now. I will try to add details as I go. So far done my first flip which is on record today and doing my second flip. For the first two I used my own money...

You raise a good point but I think we both agree that buying a new place and then finding a tenant for the original property seems like a better plan instead of his above proposal.

Last time I did something similar to what you are proposing I lost millions.

He stopped me and said what I was proposing was too complicated for what I was trying to do.

The risk, and costs of liability and casualty insurance is one of the joys of property ownership.Two million is standard in commercial contracts that I deal with in Arizona.However, you as owner can ask the management company for Errors and Omissions coverage and employee dishonesty coverage if they are handling your funds, I would suggest you provide the proposed management agreement's insurance provisions to your insurance carrier for their review.

Plus...and this is huge...companies that use DS contracts get 30% more of their proposals/contracts signed.

After hearing our proposal, he decided to fund anything we did.