If you guys are really good friends and you don't need title insurance/no issue with title, you can just do a warranty deed with a promissory note and forgo the title and escrow fees from a title company.Originally posted by @Peter Hightower:I'm purchasing a property from a friend. 

However, I have found fixer upper multi family buildings that can be picked up for a song and a dance with less that $40K in repair and rehab work that will rent per unit as much as a SFH in the area so again it depends. 

Do I explain my reason to him for going with a local agent to sell?

parking is tough there so not having any driveway is a negative, but it all depends what you are looking forgoing to Mattson today i have high hopes for iti would be glad to have a group of folks come by for a presentation at our office message if you are interested, if i get a couple of people i will post something.  

Another option is to include the first tank of oil as an incentive, assuming you don't have a huge tank  or forgo a fuel deposit and just take a picture of where the fuel is at and that is where they should leave it at move out.

@Jesse Daconta Read these to learn more about partnerships, JV and how to prepare for them:- effectively-conduct-joint-venture-agreements-as-a-real-estate-investor- how-do-i-properly-construct-a-purchase-with-a-partnership- create-an-llc-for-first-partnership-best-way-to-do-so- taking-on-partner-s-and-limiting-our-liabilitesAs for going solo and LLC, you need to have something to protect first.

And for your notary, do you have a reason for going back to the same person, or is that just for ease?

This was his basis for going to court, several times, and saying that he was not notified, and implied that the office did it deliberately. 

Bank feeds are going to be helpful for going forward but most banks only import the last 90 days.  

I'm looking for go-to resources (books, newspaper columns, favorite editorials, etc.) that help you understand today's market (in the United States, but also globally).