What @Chris Martin said.A real estate/closing attorney, a promissory note and a deed of trust are the primary (sometimes only) ingredients needed or required to close on a property using private or hard money in this state.The going rate around here for a RE attorney to draft or review these docs and close a loan is anywhere from around $400 to upwards of $1,000 depending on who you know, how much business you throw their way, or the direction of the wind that day.The cleanest way to do it, if you're interested in that sort of thing, is for the PML to have their own RE attorney draft the lender docs (Note, DOT, some want a personal guaranty as well) and then use a different RE attorney to close the transaction with.

Or some project your not willing to take on just yet.I did notice I am month out in this response, but I do not think you need to narrow it down yet. you will learn what to filter while running the numbers on the properties naturally. just as @Ali Boone said.Good huntingKirk

I understand there are typically clauses providing coverage to buyers during catastrophic events (forces of nature), but was interested in hearing how it has or would play out.We're currently set to close on a sale on September 19th in Niceville and pick up another property on the 11th of October in Pensacola; with Irma and José on their way, we're anxious about how it will impact the deals (either positively or negatively).

Folks,Until I started getting interested in becoming a landlord/real estate investor, I never thought about the impact a natural disaster would have on your rental property let alone the tenants that are displaced or even injured.

Natural solution was to raise it to Current +2.

Fire or natural disaster before insuring the property. 

It's going to be a really great event, and place for learning & networking so naturally I thought our Bigger Pockets family.Send me a Inbox msg and I'll get you a free invite and further details.Ps.

We are also planning on doing our own subcontracting (no GC). giving the nature of our cousins business we are using many of his connections as our subs, (he owns a waterproofing company.)

There is no good events from natural disasters but you might wait a lifetime for one to hit 

Has anyone dealt with this type of a scenario with the sale of a property during or after a natural disaster.