To avoid future misunderstandings, the written lease should require all further amendments to be made in writing.3) Be Clear with the RulesTenants must first grasp the rules in order to follow them.

A local realtor will have a better grasp on her local market and know all the connections/insights to point you in the right direction. 

Either way, this is a great question to ask your CPA since he or she will have a much better grasp of your personal financial situation.

[then] Pay back 495k to bank in normal mortgage fashion.We have a very good off-market deal within our grasp, that's not possible as a brrr or fix and flip, but it would make a perfect main residence, which we are also currently looking for. 

Also One thing I wish that I would have done is hire someone with multiple flips under their belt and have them walk me through rehab costs, selling cost, etc to really have a good grasp of what I am getting myself into.

Plan is not yet clear, I still need to get a grasp on this market, but renovations are a must and I will be living in it during.

I have military, engineering and construction experience so I understand job titles associated with those areas but have a hard time grasping what goes on behind the scenes at real estate related companies.I have been searching openings based on the above advice, just trying to narrow down to stuff I actually qualify for.

It is a unique property and I'm having a heck of a time trying to get an evaluation...I've been googling cap rates and I'm having a hard time grasping the concept because what I read says to base the cap rate on buildings in your area but how do I find the average cap rates ?

Super solid points on going ahead and getting licensed. it seems that the access and resources you get by getting licensed almost make it a no-brainer.To @Marcus Auerbach point though, as investors, have you found it simpler to simply outsource the agent work instead of first becoming proficient in being an agent or have y’all found it pretty simple to grasp on to?

We are very hesitant to let him do it, for prices have gone up faster in our area than the appraisers can grasp and we got a good offer.Does the buyer, by law, have the right to get an appraisal now that all contractual obligations have been met?