A last and very important part; I hear investors all the time talk about how hard it is to find good deals in TCM market, even asking "is there any 1% rule properties left" and I just laugh because in the Central MN market the #'s can be epic compared to TCM market and others.

We can terminate if all parties agree that’s no problem.

For STR I only use it to post expenses since Airbnb handles collection and distribution of funds but as I say, that part is cumbersome.

IN TEXAS, suits based on contract, the prevailing party may recover attorney's fees.Relief in a suit - IN TEXAS, specific performance is frowned upon (read, unlikely) if monetary damages will make the prevailing party whole. 

p16  "Salzano used this money, much of which was traceable to Fund investors, for an array of lavish personal expenses, including erectile dysfunction medications, expensive dinners, extravagant birthday parties, and payments to Individual-4 (Salzano’s wife), Individual-5 (with whom Salzano had a romantic relationship), and Individual-7 (Salzano’s ex-wife), none of whom worked at NRIA in any capacity."

I sold it at 7.5 percent over the course of 30 years and if the party defaults i immediately retake possession pocket the hundred thousand and the months of 7,000 payments and now I have an asset that is probably worth significantly more then when I sold it.

📝Remember, a well-communicated contract benefits both parties and contributes to a successful project. 

If you are doing management for others (Third-party Property Management) you need a Real Estate License, and your Broker has to maintain the trust account and allow you to do Property Management.

What you're proposing is known as third-party logistics.

Hello all new to the forum,  Jim Rohnn,  Rich dad Poor dad ect , BP podcast reader/ listener My name is Joshua i have a house  13 years and a w2 worker married with 2 girls native of Colorado,  would like to invest/ b...