It can be usable for both if you were vacating the units and there was a 12 month lease agreement.

Without getting too deep into the weeds, there are a few ways to do this, including:- write up an assignable lease and an option to buy which the seller signs, then assign the lease and option agreements to a tenant-buyer.

The exact split will depend on your agreement with the brokerage.

We also had to negotiate access agreements with both adjoining neighbors, which added nearly another $100k.Best of luck in your venture, feel free to contact me directly with any questions or if you would like me to pass along any of my resources.  

But purchase-and-sale agreements are boilerplate.

Offer accepted, "My I have an email to send you a purchase and sale agreement via Adobe Sign" Offer rejected, put in the follow up bin.

He asked to send me details, which I had him do, then he asked me to "kindly" fill out the JV agreement promptly.

You will want to structure the LLC operating agreement where the lowest credit scores own the least in the LLC.

Not sure if you're still looking for help since this was 3 months ago.You could include something in the provisions regarding maintenance in your rental agreement.

Challenge is that I have an exclusive agreement with the seller because they wanted to list it, but changed their mind.