The language of these contracts varies and will lead to different results. 

- Attract students as stable tenant base (Close to universities?)

Thank you Hi Mary this is a different topic thread but Fannie used to count all properties in entities as "financed properties," as long as you owned more than 25% in that entity as documented by your annual K1 form which your LP/LLC/Scorp/flow through entity will show your ownership percentage.This meant that even if the mortgage note was in the LLC's name and the title was in the LLC's name you'd still be hit with these properties as financed properties as long as you owned more than 25% of the company/entity.Fannie has evolved their language on how they count financed properties in late 2017.Now their emphasis is on you being "personally obligated," on the note or basically if you're personally obligated on the note/mortgage/paper instrument.A real life experience or example is that most local credit unions or community banks that use the same loan origination software  will make you sign make you sign the mortgage note as a manager of your LLC however the personal guarantee (PG) is a separate document.

Its a great rental area, in downtown, a few miles from the university, and the units are rented at a great rate in its current condition. 

Following.For now, I am asking an attorney to help me draft some language I can use for situations like this.

Others love the "up and coming areas" like Tremont, Ohio City, and University Circle. 

But when I read that language I hear the signer waiving the right to an otherwise available commission. 

I graduated from high school last year, with around 8 accpetance letters to a few state universities in California and a few community colleges in different parts of the country. 

My favorite areas are close to NC State University, Holly Springs, Knightdale, E Raleigh inside the beltline, parts of Durham, and Apex, but all for different reasons.  

I don’t know your TREC contract, but many have language to the effect that if the seller can’t deliver clear title, with a small delay to do so, then the contract gets cancelled with simply the return of EM.