You need to safeguard your business because if you don’t no one will do that for you .

If you have large capital needs once you are over the bridge, I'd be concerned about index funds or buy and hold rentals as it seems like safeguarding your capital might be a bigger priority than you are giving credence to.

I would certainly recommend verifying that they can afford the monthly payments as you do want them to purchase the property as soon as they can qualify for financing; you're just safeguarded in case they don't end up purchasing.

You can definitely employ some additional safeguards (higher deposits, guarantors/co-signers) but at the end of the day it is a risk that you will have to take knowing that her financial history isn't polished.

My negative view is because wile the legal safe guards are important the only real asset here are the contracts and you need to evaluate them as well as the ability to perform.

@Brian Kennedy  an attorney is almost always recommended just as safe guards against things you may not know about or havent thought about..

Luckily, as a safeguard, Cdn banks have recently implemented a "stress test" to their underwriting standards, and use 2%+ to the going rate to ensure the DTI of the borrower is still within limits.  

If you don't have a lease, get one to safeguard your interest.

Hey everybody, Does anyone have experience dealing with a company called Safeguard Properties?!

All investors should have these to safeguard there investments andalso as part of their estate planning.