There are certainly some things to learn along the way, but you'll figure it out as you go just like we all do.There are plenty of folks here that would be happy to help for free - including me.

@Anthony LafataPlease click on Get Started menu on top of this page and go to Pro Partnerships for our Home Depot discount.

Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

Make sure that your tax accountant understands this. 

Quote from @Karin Recalde: Yes, my agent sure didn’t help me.

It is in your inbox Heath, Granted this is a standardized PA form,  it gives you a good idea on how to draft one.

My state is very fair to landlords, but there's no way to win this scenario.

this is helpful.

I have a real estate attorney that I have worked with in the past and will work with him on this also.Does anyone have advice on next steps and/or examples of terms, operating agreements, types of LLCs ect. ?