I feel compelled to let you know that you are incorrectly spelling TENANT...

Check the addendums, and you'll see they exclusively spell out that their contracts are between the parties on the PA and addendums and cannot be assigned to a third party.

Many property management leases in my area spell out the life of carpet as 5 years and paint as 3 years, and anything that has to be replaced will be pro-rated.

If there are any extra hoops to jump through, which there shouldn't be, you would spell it out in the special provisions part of the contract.

Often the listing will state some of these details, so that the agent doesn't have time wasted for silly stuff like this that can just be spelled out.

You might even enjoy some good charging order protection from Illinois state, but I'm not sure.You'll also need a good operating agreement that will spell out each member's right and responsibilities.

I have them sign a separate form (the city actually provides it on their website) that spells out what I do with the security deposit, etc.

I was told by a broker that you'd use the standard listing process and paperwork and then attach an addendum spelling out the specifics of the realtors commission and assignment fee.

He said he would manage it, but I can help do some landlording if we want and we can spell that out.So my questions now are:1) Does it really matter if I put up all the money if we are going to REFI in 6 months anyway and I will cash out completely?

Don't spell out to the public that you are a newbie, you attract all the sharks with your blood in the water.