First, I haven't done this before, so I'm not sure about if there is any misunderstandings about your current scenario (not doubting you, but just trying to cover all the bases). 

I think you're misunderstanding those terms. 

I think there’s a bit of a misunderstanding here.

Now, if the scammer was caught and convicted of something, that's an open field day on them, reporting the facts of that case.I think some people will feel screwed over and the other might feel as if that was the deal, just misunderstandings, are we to sort that out?

We both feel we could do this on a handshake but we feel that it is best to approach this in a business like fashion and put things in writing to avoid any possilble confusions or misunderstandings in the future.

Again, not to pick on you but you had a misunderstanding that an investor gets a 1099 instead of a K-1.

A lot of people have misunderstandings that they have to pay taxes or liens before they can sell, so I usually explain how I'll be taking care of everything and what their net number will be at closing.

It seems like slabs are more commonly 4-6" thick and sitting on the footers, so is it wishful thinking that my contractor is going to find a 12" thick slab, or am I misunderstanding what he's saying.

Also of course rent history and current leases.So yes not every house has all of this, but it’s not unheard of and quite common.I’m assuming these are the expenses we’re looking at or am I misunderstanding?

It was a misunderstanding on my part as I was trying to work through the propertyware interface instead of through them.