You will also want to draft a comprehensive lease agreement that outlines terms such as rent amount, due dates, security deposit, maintenance responsibilities, and any house rules.

Hopefully that didn't take to long to create but I think I'm tracking you.Basically the outline of this method is if you are purchasing a property with cash. 

I even outlined the spot in orange spray paint.

@Hai Loci'm contemplating something similar; i can get 80% LTV. i bring in a cash partner for the downpayment on an investment property we turn into a vacation rental.let's say the pp is 100k.1. partner puts in 20k (and has this as lien on mortgage)2. i manage the vacation rental over the summer.3. we split cash flow (with property management fee considered).4. then we split equity  .is this essentially what you're outlining above?

Thank you for sharing the numbers, as I'm sure a lot of investors will have a lot of different ideas for you based on the outline you provide. 

Per the Participation Agreement all insureds sign, we are a monthly reporting program and are required to provide a 30-day notice outlining any coverage or cost changes, which was sent via email.

Probably because of exactly the kind of stuff I've been outlining.

A JV agreement and a promissory note outline the terms and responsibilities clearly, ensuring that both parties understand their obligations.

@Jonathan GreeneGreat feedback and agreeThe best type of post that is a question outlines the situation, what research you have done and ask for confirmation or further direction.The “what’s the best state to invest in”, “should rent or sell my home (with no other context) and the infamous transfer my property into a LLC - I wish BP could have AI charge people for asking those questions.

Hello investors, I’m new to wholesaling and was wondering if someone could hook me up with a contract outline that is legal for Rochester use, I know the laws are a little iffy and have been having a hard time finding a valid mock up to work off, also any attorney recommendations?