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It's ok for their NAV/price to go up or down because all risks and future implication has been documented properly.

Pace also has shared his legal documents with the community which get updated.When I joined this lifetime membership I didn't realize how much additional value he was going to share.

Is there a document that says they owe me extra if the utility bills get too high?

@Nate Marshall I put my notes in a Microsoft Word document.

There is a link in the email, you use it to download all the documents from Charlie.Regards,

And i think there is an irrational thought process that rental property is easy and there are going to be years of no issues this simply is not the case and especially in lower value markets that are renter dominated this is well documented on BP..

Piggybacking off Peter's number 1 point- get the design team (architect and engineer) engaged as early as possible and let them get construction documents/drawings going as soon as you're sure of the deal going through.

Do you have any documentation on the "lock"?

Protect yourself.Our loan documentation package includes several handwritten forms that the borrower must complete at various points during escrow to establish the intended use of the funds.