So my question then is, where can I go for a list that will clearly spell out EVERYTHING that I should take into consideration?

And also as James had said, this is where realtors will start listing the property on the MLS to attract offers -- in other words trying to get the highest offer -- not so great for investors.Or could mean that there's actually a WRITTEN acceptance from the lender which spells out the terms (pretty much leaves no room for negotiations).Either way if a BPO was already performed by the bank then it won't be very flexible for investors to come in and try and negotiate.

All this should be information you or AbShield (sorry about spelling errors) has readily available.

I have been seeing a lot of posts where the word principal is mis-spelled as principle.

That is one of the issues that should be clearly spelled out in the contract.

Buying too high without an "out" could spell disaster if you want or need to exit your position.

If everything is spelled out, and there's no surprises, it may work!

It can take time for your website to grow and become established so having something up that you can plug away at is a process you want to begin making a habit of it.For investing a website can be good in pretty much any area: - If you're a buyer you can spell out what you're looking for; - If you're a wholesaler you can post what you have under contract; - Seller Financing - PML (Though you have to be careful how you market there)One thing about websites that people often overlook is that using it has to be part of your operations, using it in your marketing funnel.

Some lenders can be legit that you have worked with before but are using a new loan product that goes south OR they are touting 100% and just taking DD fees.They could also hold money in escrow and drag out the loan and not spell out in the LOI who gets interest off the account.Put money in interest bearing account and string you out and keep the returns and hand the money back.The sad part is there are many scams and not many true lenders.Have your attorney hold any funds.It's easy for a lender to say anything when they already are getting the money.

You can then send a letter prior to the automatic renewal that gives two choices: month to month under the automatic renewal terms (with the percentage of rent increase spelled out), OR sign a new lease for a specified term with a rent increase that is say half of what the automatic renewal would be.