The guaranteed rent is always a plus but we did have to do some modifications to the property for the tenant, which led to additional cost up front.  

He's done some minor modifications, whereas I did a more intensive rehab on my small cottage before renting it out.

In consideration of $___________________, receipt of which is hereby acknowledged, Paramount Construction, LLC releases the lien on property owner _________________________________________________from any and all liability resulting from construction, restoration, and/or modification of the building located on premises known as___________________________________________________________________ Signed this ______day of_____________________________, 20______ Contractor/Company Name **please print** Contractor/Company Officer Signature TitlePS: If you are that worried about the contractor you may not know require they have a suety bond, my contract states my client pays it and it does not cost that much.

@Michaela Graham My client's have been duped, throughout this entire process, by attorneys, by loan modification offers and lastly by this agent and her husband.

In addition, many units with older setups require modification to the power supply.

Investor contracts tend to be more beneficial as to what they are doing, buying or selling, another frown and if it really sways one way a judge can get ticked off.You can use a standard agreement and use an addendum to address any issues that can modify or amend any part of that agreement.Custom contracts should only be made when a standard contract is not available or where so many modifications would cloud the intent.There are a lot of bad contracts out there, to select a good contract you'll need knowledge and experience, it's good you asked, but it demonstrates you may not be able to select a good contract.

But I will tell you my secrets to making a success in business in general.1) Spend as little as possible on things that are not absolutely vital.2) Don't hire anyone on a permanent basis until you are making money.3) Don't release any software until you are absolutely sure it works.

Well Blacke, it was not a "rule" only a hypothetical to get people's opinions on the matter.Either way, I agree with you that learning hands on really is the best way to learn, but having a coach to ask questions to or guide you through is also vital to your success.I think your offer to get taught and give the teacher the full profits from the first deal is great, however, many have "offered" that very same thing to me and in the past I took them up on it.

My understanding is that you must allow reasonable modifications to be done, but you don't have to pay for them.

Head to a modification with a cut on the upb.