If if you are new to owner financing, I would structure a letter of intent, spelling out the terms of the owner financing offer, have the seller sign it, then bring it to an attorney to have them draft the agreement.

I am EXTREMELY happy you... 1. spelled this out for others to get the steps. 2. you went through an attorney.

Have a simple contractor agreement with your bird dogs that spells it all out.

Does the agreement spell out what happens to any "abandoned" property at the lease end?

Would help if I didnt fat finger spelling Partner* in the title!

This may seem petty, but proper spelling, punctuation, and grammar goes a long way toward a professional appearance.As far as content, look at MLS listings.

I am not in your area but just an FYI, make sure they spell out how many times they will sand and what grit they will use, and how many layers of Poly and what type... you should be getting this information with the quote it can make a difference in price....

I told them the previous tenant left and they could use it.I kind of think I am, but its not spelled anywhere in the lease about landlord having to fix the washer/drying since I did not buy it or provide them with one, if was left from the previous tenant.What would you do in the case?

That way if you hit a dry spell, you won't be at risk of not making your mortgage payments.

It's just in our little corner of the world that you could use either spelling/meaning and get your point across...