For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.

So, there's all this buzz about blockchain and smart contracts shaking up the real estate world?

We also are very verse on the Property Code Laws of what legally we must do and what is just good business.So @Ian McClure to answer your question, it would depend on how the new tenant was on boarded and what kind of business the owner runs concerning his property

The wholesaler maybe has it on a daisy chain so is trying to get his fee outside because he isn't on the original assignment contract?

This happening in 05 to 08 and there were builders with 50 to 200 specs and they lost them all I bid on a 100 home package in 08 the houses were selling for 225k to 250k in 06 ish and we were in contract for 120k each..

Quote from @Katie Camargo: I am under contract on a home that I plan to rent out- numbers look solid, but I just learned that it's in flood zone A.

Make sure if you go into a contract (no option period), you require a substantial earnest money.

Hey guys, My wife and I are under contract on a condo in Kihei that is vacation rental approved.

Hard money is not cash and should NEVER be written on a contract as cash.

@Wesley FryeWhat’s the expiration date of the contract?