In my opinion, you want something that will protect you, but is also understandable for everyone signing.Keep in mind that at the end of the day, here in Illinois, the state is generally contractor-friendly in the court of law, so making sure you document everything clearly with payment will protect you against any potential mechanics liens.We have had several projects that did not go perfectly here in Chicago because we overpromised and didn't keep tight enough documentation. 

Also, having a loan servicer handle the logistics will make it easier to manage the transaction while ensuring that taxes and insurance are handled correctly.Always consult with a real estate attorney to ensure that your seller financing agreement complies with state and federal laws.

In my state, the new landlord is required by law to serve a change of landlord notice within 15 days of assuming ownership.

., though, things can be a bit trickier due to varying liquor laws by state and even by county.

My sister in law just got herself a townhome in Westminster for 170k, but it did take them somewhere around 4 or 5 months.  

This can be complicated in practical use, and would be the reason I would suggest to reach out for a professionals help!

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

The Act, signed into law in October 2023, is more about empowering renters by giving them a chance to buy their rental properties when the landlord decides to sell.

Both you and your family members should meet with a lending attorney who understands lending law in your state.  

DC is also one of the most "renter friendly" places in the country, so really make sure you do your homework and consult an attorney when writing up your lease to make sure that your property and your lease is in compliance with rental law.