“As consideration, buyer hereby pledges to pay seller 20% of net income from the Property for the next 3 years.”40) Hybrid OfferWhen your intention is to “Control and Roll” (flip, resell, recast, wholesale, recycle, etc.) and the seller is stuck on a higher price than you are willing to pay, use a hybrid offer.

Tenant agrees to follow municipal recycling ordinances with regards to recyclable materials.

This was not a super quick way to recycle the capital.

I have no idea which type of state Texas is.From what I have gathered, many of these states in love with lawyers do not have boilerplate contracts or standard recycled contract language that's already been reviewed a zillion times by a zillion lawyers, in which case it makes sense (to me) to use a lawyer.I have no theoretical rebuttal to your partial disagreement, but the lawyer question does in fact play out quite differently in different states.

However, take a person with somewhat limited REI experience, money to spend, and absolutely no familiarity with an out of state market thousands of miles away and absolutely no personal or professional connections there, and asking them to put all their money and trust into the hands of Real Estate Agents, Contractors, and Property Managers whom she has zero experience working with sounds very risky to me.At this stage in the RE cycle, I'd pay off or refinance out of the HELOC to get rid of a variable interest rate, educate myself and look for great deals locally (which you won't likely find given the state of the market, but you'll learn a lot by searching), and build my war chest up.

., you're probably better off hiring subcontractors than doing it yourself.2) Workers milking the clock.

., it adds another $12/hour per worker.3) Your workforce tends to milk the clock without qualified and highly motivated supervision.

Turnkeys seem to be notorious for pushing this class of assets, since the cash flow numbers look so good on paper.AND/OR ...2) Different investment strategies and asset classes work better during different phases of the RE cycle.

A bigger concern should be whether your product's backer is made out of recycled content or pure vinyl.

50 percent of whatever amount, is a great match in the day of no pensions.I would milk it as long as I could.