I understand the state laws regarding wholesaling in NY are tricky, but is it worth it to spend the money to have lawyers review or draw up my contracts?

If it is a term lease, the lease terms will control, to the extent they do not contradict state law.

Division enforces the law, they aren't the P.C. police.

Purchase price: $220,000 Cash invested: $5,000 Purchased a mostly turn-key property with a main house and an In-Law detached suite.

My guess is 99%+ of agents have no familiarity with off-market deals or the real nuances of the laws, they do exactly what their brokerage tells them to do with appropriate checklists and pre-written forms/contracts.

The RE law in Ok and Texas clearly states that an LCC employee can find eals and help in the transaction.

It should say in there what the terms are for ending the lease in the case of month-to-month.Then check your state and local laws.

Buy and hold is interesting if you can navigate the rent control laws.

So, keeping an eye on it and addressing minor fixes (like securing loose shingles) can be a practical middle ground.

If so, any law firm or agency you can recommend to help with this?