Generally speaking, documents you may find from online services often lack important clauses that can help shift burdens and costs down the line.

That market has shifted dramatically in the last 10 years and opportunities abound - especially in the areas you're looking at.  

It is reasonable that basing everything on the existing "lease" that will automatically go into effect based on a daily proration (I.E.

Well Chris M. guess with the non-commercial, My gripe is that I would expect to get a lower down payment, but when they classify my property as commercial, that seems to automatically require 20-25% down.Julie Marquez that is good information to think about and I will certainly ask the question next week, if for no other reason than to present as an knowledgable investor.

Maybe shift some of the time you're putting in to something that's cheaper like driving for dollars?

If you put an expiration date on it, then the offer expires at a certain time, thus limiting the time the offeree has to accept the offer, in other words it is automatically withdrawn at that date and time. 

After 5 days, it is an automatic 5% late charge. 

Because for years population in the U.S has been shifting that direction.

I was thinking from a legal perspective I would need to perform an OFAC check which is automatically done through my background check system(https://www.tenantbackgroundsearch.com).

Absolutely - plus it is automatically free to the buyer if listed on MLS.