Quote from @Max Pergament: Quote from @Matthew Irish-Jones:Licensed and insured to manage third-party properties. 

Quote from @Pat Mulligan: Quote from @John Underwood: Nothing that paying for a 3rd party app to automate functions will fix.What apps do you use?

Another example is that with a tax auction it is common for all the interested parties to not be notified 100% correctly meaning they could in theory come back later and try to reverse the sale and take the property back!

We now are looking to create an LLC and setup the necessary legal documents to protect both parties and layout the terms of the agreement.

You can't sign a contract now - once both parties sign, it is executed.

Welcome to the party!

Quote from @Ricardo Lemus: Hi there,You guys probably went thru some of my post already and even help me with some experiences - Thanks a lot :)This time, after 6 months on this, I think part of my brain is saying that somehow I am in the right direction, and the other part is saying something is going on with the rent price I have set for my properties.

I frequently see where one party is awarded the property and debt and is mandated to sell or refinance it within a certain timeframe to have the other party removed from the note/mortgage.

Third party servicing company for $35/mo handle taxes, insurance, escrow, tax forms, statements etc.

One other thing that I am constantly seeing is the set it and forget it on 3rd party platforms.