I think the letter of intent is only to express your intention of purchasing.A notice of interest is a document filed at the county courthouse that clouds title. 

Anyone got any rental properties in Saint Cloud, MN?

Coincidentally, they often file after the failed closing date to cloud title, which is frustrating.

Here's a list of tools for each category: Property management/rent collection: Avail, Innago, Apartments.com, Hemlane, Turbotenant, Rentredi, Tenant Cloud, eRentpayment, zillow rental managerRental accounting tools: Azibo, Stessa, REIHubRental banking: Azibo, Stessa, Baselane

It is pretty rare and not good business but if you speak with an attorney and really care to do so, I believe you can file to cloud title if you have a contract .  

Cloud, MN.

I think my judgement was clouded on how great these guys looked on paper with the income and credit vs what i been getting so far and not to mention I'm a little strapped right now on money.  

I should add that the services aren’t just for REI, they include financial advising and accounting for my wife’s realtor business which is s-corp. investigate outsourcing of bookkeping with good cloud based software.

Here in Corona Season, these questions are even more relevant and I am not even dreaming of being a landlord until the black clouds start to clear up, and perhaps never.  

@Aj ParikhYes, agreed, although in my cloud people (myself included) are in it to generate passive income and cash flow.