Let's keep it simple.

What we're talking about goes way beyond simple FRL.

Paulette, it is good to call out these bad contractors and unfortunately you are caught in a bad situation on what to do, start by a small threat that you will contact the BBB and report a claim if he does not show some progress, or if you know an attorney, maybe a simple letter from one may get him worried and he may start showing up.

For your first deal, it might be beneficial to try doing some of the simple work yourself so you know what goes into it.

If they the tenant buyers to leave after three years and did not exercise the option, we could either sell it at that point or we could decide to do another lease option with a higher strike price.I guess the key concept is, because we have equity, we have some flexibility with what we would like to do.That seems rather fair, and simple, if I am understanding correctly. 

I was hoping to do a deal and get my feet wet with something relatively simple to start.

@ali BooneIt’s simple because 100% of people ticket foreclosed on have mortgages.

Both an LLC and umbrella policy have their perks—an LLC separates your personal assets, while an umbrella policy is simple and covers more scenarios.

This is simple to understand.  

They used to be good and simple.