It will cashflow.What I'm not sure of is what kind of language to use on the contract.

A bit about myself: I am an 18 yr old university student with very limited knowledge in real estates.

Either they are listing too high since they dont know the market, or they do not know how to properly speak the appraisers language.

Researching 203k and multifamily investing in the Chicagoland area specifically the Woodlawn area near University of Chicago, many opportunities many decisions to make this site seems quite helpful.

If I don't deliver, you have my fee to compensate you for the cost of my delay.For all the contractors out there that are going to jump on me, I have language in the contract to protect me from delays beyond my control.To me, anyone paid on a percentage basis for anything they do, is either underpaid or over paid for for the service they provide.

PoL loans in mortgage states a lot so I'm guessing they have become a little loose with the language.

It can get complicated depending on the language in your lease and the time frame you are working with.

Hello everyone, I am Brandon and I am new to the BiggerPockets community. I am a new student at Baylor and I am planning on building my real estate knowledge so I can begin investing next summer. I am interested in re...

Unless there was specific language in the contract about the tenants signing a new lease you will likely be obligated to follow through.  

Also, there is no specific language in my buying contract relating to the tenant moving.