Although this isn't a material to study, another thing to think about before you become a GP is building a track record, if you haven't done so already.

Gemini AI can help:Key features of an Ohio Land Contract:Installment Payments: The buyer agrees to purchase the property through regular payments over time, rather than a full upfront payment.Seller Holds Title: The seller retains legal ownership of the property until the full purchase price is paid.Agreement Length: The contract typically extends beyond one year.Property in Ohio: The land in question must be located in the state of Ohio.Improved Property (usually): Land contracts in Ohio normally involve property with a dwelling on it (a house).Here are some additional points to consider:Recorded Contract: A valid land contract must be recorded with the appropriate county recorder's office.Contract Content: The contract should include specific details like the names of the parties, property description, purchase price, payment terms, and down payment amount. 

I know many companies that do this. this would not be a security as long as you they are not getting profits from the deal and are financing the transaction as a standard loan and recording a deed of trust.Some good info here on a note:The Court provided four factors to determine if a note sufficiently resembles the types of notes that are not classified as securities.

However it seems that things are changing, even if housing prices settle out in the coming months and years, they still are and still will be at record breaking highs, which has left my generations purchasing power significantly lower than any others.

Specifically, I'm interested in exploring options that align with a 25% down payment and Debt Service Coverage Ratio (DSCR) loan.If you're a seasoned broker familiar with Birmingham real estate and have a track record of success with investment properties, I'd love to connect.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

I would put every MDC Clerk of Court sales record (date, case number, address/PID, opening bid, winning bid, AV, etc.) into a spreadsheet, along with the names of the 3rd party bidders.

Rather than asking non potential customers in here you can get a better result from potential customers, As well as tour of the competition.While you are there, maybe take some pics, and make a written record of rental rates and what features they have for that price.In a nutshell, become an expert on this specific investment in your local area and neighborhood, in order to try to reduce the risk of just guessing.Good Luck! 

This is public record I did not hire anyone to scrub it from google search's etc etc.. but thank you for pointing that out.. .

I assume this was recorded in the “registry of deeds” or SC’s version of it or it’s probably not enforceable.