I am retired and working on career #2 and 2 of 3 of our kids have left for college - our oldest is headed to UConn for her PhD (6 years) and instead of paying to rent, our thoughts are to do a version of a house hack with buying a house/condo and renting out one to two rooms to offset the costs of her rent.

Those that get their version of knowledge from the internet, do it because it is both quick and free. 

It seems like these documents are intended as a bonus for purchasing the book (kindle version is only $10), so I probably shouldn't pass them on, but I'm wondering if anyone else who has these forms have run them buy a qualified attorney in Georgia to find out if they are legitimate here.  

:-) Outside the US I use the Corelogic calculator because our local insurance companies provide a no-frill version for free. 

You should also request an estoppel so the tenants can confirm that the info you were given in the lease is still current and correct (you never know if the owner gives you an old lease with old info, and maybe the tenant has actually signed a more current version). 

Longer version told in Bigger Pockets Podcast #82David KrulacBigger Pockets Podcast #82

Hi Steve,I am certianly no expert but I believe the P&S agreement on a Sub 2 is not necessarily entirely different to a standard P&S agreement but I have seen Sub 2 versions to have verbiage such as the excerpt in the sample below, in addition to all the other standard clauses/ sections - as with anything, I would suggest you run this past your attorney to confirm it works in your state/ for your needs.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

It must meet the requirements per the building code IRC (I think Massachusetts follows a modified version of the IRC) you must provide the required amount of light, air/ vent, and egress.

We actually were one of their first clients when they only had the dos professional version.