Honestly, I would not sign any lease until you positively close and legally own the property.

There’s a “Cub foods” grocery chain in MN that’s closing stores left and right after 40-50 years in locations.

Your LLC set up in KS is for legal protection only.

Congrats on closing your first few deals.  

In this case, she had no right to the common area and no legal standing for a lawsuit.

To attract investors, offer incentives like high cash flow potential and tax benefits, and structure the deal with clear legal terms and contingencies to minimize risk.Good luck!

I BELIEVE this credit would be treated just like covering buyer’s closing costs. 

Ultimately it was sorted because I clarified they legally had a joint responsibility to pay the total rent and there wasn't even an option for "half" the renters to pay late.

I know we can start with DSCR and refinance, but then you're paying closing/origination costs twice.

If you find a property where the seller doesn't carry a mortgage, it is a great way for the seller to continue to settle the closing costs with a (sizable down payment) while still obtain income for 6 months to a year by holding the note for the borrow.