This (the JE number) then ties all the pieces together and it becomes self-evident of what-was-done-and-why.Here's how I did it:create the asset account Tenant Security Paidcreate the liability account Tenant Security HeldOn move-in DB Security Paid, CR Security Held. 

You'll hopefully never need the piece of paper, but just knowing (and remembering) what you agreed to is usually enough to keep things going on the right direction.

The odds of hitting an owner at the exact time they are motivated enough to sell with a direct mailing piece are very low.

The loan is typically a first and a second with the second holding a profit share piece.

One key benefit in my mind with the entity route is controlling not owning assets which is the protection piece you are looking to obtain.

No piece of paper can prevent hurt feelings if the situation turns bad.

Hi All,Wanted to get your thoughts on Direct Mail pieces I have sent out - they were first class letters and I put my own mailing address as the return address - what do other people do?

There are quite a few properties for sale in the region at various price points.Also my next suggestion would be to start to figure out the financing piece of the puzzle.

Take your time and become familiar with the many distinct markets within the Cincinnati Metro area; as you may or may not know, the city has an East side and a West side that are quite distinct and then the various beltways around the city provide for other distinction.  

I have contacts in my investing group who are connected to manufacturers of modular homes - not "manufactured" (trailers), modular: homes are stick-built in pieces in a factory, the pieces are shipped to the home site on flat bed trucks and assembled onto the foundation.