It's been such a smooth and transparent process to me.  

Also, if there is mild damage get some concrete patch - it's relatively easy to use but better to pay someone to smooth out if not expensive. 

A little about me: Currently instructing Calculus, transitioning to an MBA program in the fall.

To answer about the insurance question the answer is no because you will be sending them an accord form binder showing coverage as follows:named insured line:   the existing owners name - ATIMAline right below that: your entity name ATIMA  "As their interests may appear"  again, you need an insurance person who understands sub-to's to make sure thing go smoothly.

Good luck and I hope it goes smoothly for you. 

My guess is we would need 3-6 months so we can make this a smooth transition.

We also use Sitelink - hands down the best, and when someone comes to buy your facility, you'll be glad you have it for reporting and for ease of transitioning ownership. 

The whole point of a down payment is that you have serious skin in the game and won’t walk away if things don’t go smoothly.  

It is the easiest money you can make and is invaluable for acquiring financing.I would suggest you find another job asap.You can not transition from a W2 to self employed till your NOI is at least 25% higher than your W2 income.

Had another successful closing last week and it went smooth as can be.