Over 6 years as a real estate consultant, I found that how to make money in Real Estate is controlling the deal/property.

If it's your first meeting then I'm going to assume it's a free consultation.

I am an Independent Foundation Consultant.

Myo, I am an Independent Foundation Consultant.

The cap rate is still at 10%, and assuming other buyers in your market would only pay $1,000,000 you have additional risk.If you are analyzing deals involving cap rates, it would be highly advisable to consult with a commercial broker that knows the local market well.

Good advice to consider...I'll consult my team!

Other option is consulting an agent or broker, but am concerned about committing to paying commissions that he market may not bear.  

Working with Lisa Hoover as our investing consultant for 8 days in Sept 2016 has literally changed our lives!

Just to be on the safe side, I would suggest you consult legal counsel to get a definitive answer regarding this, but if you'd like to read the civil code pertaining to security deposits you can do so by following the link below:http://leginfo.legislature.ca.gov/faces/codes_disp...Hope this helps and good luck!

Ned,Thanks for your reply and yes, maybe I'm over thinking this and I agree, I should definitely consult a lawyer, but I'm trying to gain as much knowledge as possible first before I make steps to pay for a lawyer.