Spell out a deal, spell out the house ARV, market rent, any existing financing because it depends, is it Free and clear of mortgages, does it need work, etcDo you understand investor to investor there is Dodd Frank, investor to owner occupant buyer there is Dodd Frank to deal with?

Yes you need to spell out all the costs.  

The landlord-tenant rules you can find on line spell it out pretty clearly.  

If you spell all the numbers out you can get more  accurate imput here

John - in my opinion, the Trust offers only a false sense of anonymity (thank you spell check).  

You can also require your tenants to have insurance as long as it is spelled out in the lease.

You really need to spell out what each person is responsible for and what you will do should there be an impass.

Many people get stuck in analysis paralysis (did I spell that right?)

Have the latest draft a side agreement between assignor and assignee which spells out how / how much assignor will get paid by assignee if deal closes (don't show this one to Seller).Seller will probably be OK with approving assignment if, in doing so, assignee simultaneously removes contingencies.

That can also be spelled out in the partnership agreement.