Stronger economies generally support higher rental demand and property appreciation.Neighborhood Analysis:Safety and Crime Rates: Avoid neighborhoods with high crime rates, as these can affect property values and rental income.Property Demand: Look for areas with growing populations or proximity to employment centers to ensure consistent rental demand.Property Condition: For fix and flips or BRRR, assess the condition of properties carefully.

Ensure the notice includes the date by which they must vacate the property.

Ensuring the title is correctly updated helps maintain clear ownership records and protects your property investment within the LLC structure.Hope this helps.

All I really want is someone who will help me draft the compliant OA and ensure other items are set properly.

And how should I ensure that the property is a deal before making any commitments to the seller?

How do we ensure we are protected?

That being said, this would ensure that you have a great service in place to manage your assets once you have hit that milestone.I would use low pricing as an opportunity to try and get clients in the door.

From what I have gained you can also vet them yourself to ensure they meet your tenant standards.

If I go with this builder, what necessary actions should I take to ensure our contract is binding in case he defaults?

This gives you an objective third party as a witness and it ensures the charges stand up in court.What you experienced is very common in real estate investing.