I am trying to hire a licensed REA for my LLC to perform occasional open houses and move-in/move-out inspections since I am out-of state from my rental property.I have the REA identified, now I just need to know the steps to creating a contract for them and me to sign.

I just went under contract a bit ago for a 13-unit a bit East and North of there.

Hello Adam, The way I draft our contracts in Pennsylvania I include a clause that requires the tenants to carry $10k in personal property and $100k in liability.

I'd purchased it on a land contract, paying interest only for the first 5 years, with the ability to extend another 5 years if I'm not able to find favorable financing to refinance within that time period.

The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.

Commerical loans are totally different then residential loans, you have to enter a contract and go through a due diligence process before you totally commit to purchase the property.

(No, an Executory Contract does not stop a Due on Sale call) I'm not here to bad mouth him, I'm just answering your question.

They put in a free wireless alarm systems for a 3 year monitoring contract at $ 36.50/month.

Even if you write a bunch of text into a contract for those items, it probably won't matter much.

Quote from @Bryan Hartlen: @Jamie Parker are you having trouble getting properties under contract OR assigning the contracts to flippers?