@Luke H.Lease clauses are best swapped on a local level and customized to observe local ordinances.That being said, the forms at MrLandlord.com have stood the test of time.

I would definitely have a lawyer draft the initial agreement very carefully, and then if you do another deal with the same investor, you can either do a quick amendment to that operating agreement, or if you use a different LLC, you can mirror the agreement from the first deal and just swap out the name and property address yourself.

Nothing new in real estate other than default swaps from a few years back otherwise just same ole same ole stuff being repackaged and regurgitated to the new investor.

The option of "drop and swap" that you mention is certainly a strategy used by many, but the safest way to do that is well before the property is even listed for sale.  

We redo all the base and casing, and swap out the door slabs.

Can I sell this land and buy two rentals using a 1031 exchange or must it be a one for one swap?

Swapping Real Estate  For Fun And Profit  By  Paul B.

I made 5 figures of income trading sports cards by swapping cards kids wanted (usually current stars) for old fogeys like Willie Mays and Mickey Mantle.

Would any of you be up for starting a book swap once a month or something to that effect? 

20 single family rentals valued at 1.6m60% ltv20k expense related to appraisal and title and due diligence1% origination feeRate : 3.9 + 5 year swap rate (1.9)Loan term 5 year with 30 year amortization Recourse loan