You can spell out the responsibilities of each party to the other in the contract, and provide a clause giving each party two weeks notice to terminate the agreement.

That will spell out what happens to any deposits and earnest money and provisions and protections built in.If you do not understand specific language in a contract or what will happen then you should not sign it until you do.Sadly everyone gets into a contract and then does damage control later on.Saying to a judge in court "I didn't understand what I signed your honor" will not fly.They will come back to you doing your own due diligence and if you didn't sign you wouldn't be in this positions.Also make sure you are not confusing earnest money with lender fees required upfront to fund a loan.Those are generally non-refundable but again review all docs you signed.If a real estate broker/agent was not involved in the contract do not expect them to give legal advice.Some nice attorneys might let you e-mail a copy of the contract to them and spend a few minutes on the phone with you.If you need something deeper than that expect to shell out some coin.

It appears your number crunching of his post is accurate . there are some mistakes in my calculations as well. remember it is now past 11pm in the north east and that is not good for spelling or math.

But it spells out, with no hesitation, that success in any business depends on systems.

Also, by having a clearly defined role and tasks for them, you'll be able to release those tasks with more confidence since you've spelled it out for them.

I am looking for any ideas on how to structure the deal so it's fair to both parties. both parties are covered and everything is spelled out.

It then went on to spell out how they were not going to take care of you, that you were going to have to take care of yourself.

I have NO GRACE PERIOD and it's spelled out clearly in the lease.

.- I have a separate contract with the investor that spells out exactly what I am to do for them.- The investor can speak with my contractors anytime, so long as they aren't annoying the contractors.

Flipping satellite guys, I'am going to stop there before going on a rant about them.Get the correct color from the hoa and pass all responsibility to the tenant with a firm deadline.Leave a IF statement in there to be sure to spell out what happens if they don't.Good luck.