Again, "Every Landlord's Legal Guide" spells all of this out and includes the forms.If a tenant has difficulty paying on the 1st, I give them the opportunity to adjust their due date when signing the contract or even at a later time, but this rarely happens.

Or does a lease purchase spell out how much of the deposite and monthly payments goes towards the purchase?

I looked up escheat for Wyoming and the statute spells it out for me.

What you are suggesting is possible....but there are some legal hurdles that will need to be overcome and spelled out clearly in your advertising/posting.

The rest of it either spells out details or clarifies specifics, so that if it ever reaches court, there will be less to argue!

If you get the property under contract you can easily back out of it with an inspection objection within the time period that you spell out in the contract, 7 days is somewhat standard.Once under contract, I would get on BP and let everyone know what is going on and ask for advise, and then head down to Seattle or Bellevue and attend several of the CREI club meetings and try to get up in front of the group and tell them the details of your deal.

Things like getting mail from home, feeding pets, etc. are little things that might become out of reach for a spell.

Furthermore, the current system encourages gerrymandering of school districts where the high tax resources go to pay for the best teachers and the low tax resources go to pay for teachers that can barely spell.

I suggest --have a new LLC and be partner with Cash Investors--you have management experienc also-- Let them invest money--you find property , do necessary improvements and manage --sell after three or four years and split profit--spell out everything in an Operating Agreemnt.

If you get beyond 5%, you're better off doing an installment contract or a wrap, spelling it out and having it blessed under the SAFE Act.