I will rarely do anything I can pay someone else $20-30/hr to do just as well. 2) Have a key person(s) to handle your recurring business for you.

I'd look at them individually and see if I was okay with it, but I would not have done that one with the paying a recurring fee even if he said nobody really does it.

Enter recurring charges and automatic late fees.

Louis and Indy as possible, I was interested to see in this thread that Indy is a recurring idea.

Sara Hodge If you were in the business of pest control (or referring people to pest control companies), you'd want annual recurring revenue as well.Homeowner never sees a termite?

IRS states, see IRS.gov that contributions must be "recurring and substantial", if you dont have any earned income, you wont be able to meet this test. 2) You cannot have any employees, including employees in a controlled group (Talk to your CPA about this), only exception is your spouse. 

So we will keep our recurring expenses down in the beginning.

:D This is a pretty common misconception; and to be honest, the only reason I know it is that it was a recurring topic as part of my licensing class.As you mentioned, consideration *IS* a required part of any contract, but specifically for real property transactions, just the *PROMISE* to buy or sell is considered consideration enough.That said, I think even most attorneys would suggest putting down EM, even if it's technically not required for a valid contract.

Steve Babiak A lady at my bank had a suggestion that works for me - setup an automatic recurring transfer to the account for a minimal amount.

I suggest you look at the closing statement and see the breakdown of recurring and non-recurring costs to be fair to MemphisInvest.