I will stipulate that no one can manage your rentals better than you can.As to location, it is very important.

We could stipulate that a % of all winnings above the $10k go to BP Nation.

Oh, and the ex-wife and I had a "rental" property foreclose on us in July 14, 2009, and we are currently not making payments on the marital home (per the divorce stipulation) and she's living in it for free while I am stuck in a 1BDR $575/month apartment.

Definetly by the job... controlled by the contract that stipulates work to be performed, how draws are earned and just about anything else that makes sure the job gets done and the contractor isn't categorized as an employee.

It is an AND stipulation.

And do you stipulate this in the rental contract?

Some local laws will stipulate how this is to be handled, so you should really look into what your local requirements are, particularly, with regard to "last month's rent".

We have in our contract stipulating that within 7 days proof of insurance be given.

On my REO there is a stipulation that I cannot resell the unit above a certain price for 90 days.

The other added value is the research (if performed) which was already mentioned.J - I agree with what you stated, but again, on the cases where you agreed to the stipulation, it was your choice, you didn't have to.