They are not fool proof, but they will stop the larger leaves from going into your gutters.  

There are no bullet proof stocks. 2008 was not a year for real estate as well.

Here is what I do when I form a new LLC and need an operating agreement:Draft some bullet points that are points of agreement, and points that need further discussion between the two partners.  

I explained everything to them, it sounded like they are willing to go legal, I bailed out as I did not have appetite, so I let them go.Learnt two lessons (1) re work on my lease contract and make it fool proof (2) build network with fellow investors in the neighborhood to guide this rookie :)@ronald Rohde, Bart Hedgecock - can I use TAR without paying top dollars to leasing agent or Attorney?

I sent a follow up text asking for the buyer's name, proof of funds. and email so I can send the agreement first if he's planning to double close.My main question is, Is this a common way of being approached by buyers, or every buyer has their own way?

Since the arrearages are noted the current lender must have filed a proof of claim.

@William Glass, I'll leave the in depth analysis to @Krystal Thomas.  

The ads on Airbnb and the reviews should be adequate proof if she fights you.Oh, and she's not your friend.

Chris,Chris,If you hire a company to do the repairs and they pay the employees then you need to see proof that the company has General Liability, Business Auto, and especially WORKERS COMPENSATION.

I've looked at that property before and given the surrounding neighborhood I would try to find a good bullet proof vest for your PM if you decide to buy it.