But for off-market/private party transactions, you are free to have your lawyer draft up a contract for you to use.

I've read a couple of Brandon Turner's books now and have been getting really into the mindset to start this journey.A couple major items I'm initially thinking of is where to start.

Read books, listen to podcasts, and consult with experienced investors who can guide you through the process.Analyze the MarketLook for areas where multifamily properties are available at reasonable prices and where rental demand is high.

@Craig Curelop is a great resource to assist with this as he is in Denver and wrote the book on house hacking for BP.You are a little numbers heavy vs. expectations meaning that it seems like you are really counting on these numbers to work and they could be tight which can be scary for a first property.

Law enforcement is now targeting third parties involved in “cooking the books” that “force by fraud” qualify clients for Covid-19 relief.

I also completley share his advice on a bias for action.If you are interested in a good book reference with checklist like models, check out "The Perfect Investment" by Paul Moore and "The Book on Investing in Real Estate with No and Low Money Down" by Brandon Turner, both also available in audio versions.

No monthly checks. yeah personally a perpetual easment is a liability in my book that will hinder you if you go to sell the rest of the land. 

Whether you read my book or one of the others out there, I suggest you educate yourself and learn how to manage well before a mistake sours your plans.Flipping is a great way to earn income, but the market has to be balanced.

I was in a similar spot with a high paying W2 when I first started investing in real estate.I took the principles from BRRRR and Long Distance Real Estate Investing from David Greene's books and went at it.

the options I saw were :“Some lenders treat the transaction as a rate-and-term refinance rather than a purchase.