Hey Jeff,Found this, not if sure it helpshttp://seminolecountyfl.gov/gm/devrev/concurrency....In 1985, the Florida Legislature adopted the "Growth Management Act, " to provide a framework for local governments to use as they developed their long-range comprehensive plans.

They're easy to digest and when you're done, your financial understanding will create a solid foundation upon which you can build a solid investing framework.  

Before you get into contract details, though, you should have a basic framework of agreement with your seller; i.e. how much down payment and how much is the seller carry-back note, at what terms and monthly payment?

But, whether you agree with it or not, understanding Keynesian economics will give you the framework for how modern economics tends to think -- even if they don't agree with it.Not to sidetrack too much, but I liken Keynesian economics to Newtonian physics.

The conduct of the parties rules, not what your papers say, that's the framework of the transaction, not the intent of the parties so much as to what they did.Schemes presented as bullet proof are as bullet proof as the paper they are written on before a judge.

As long as you do proper research to mitgate risk as much as possible, Id say start learning how you can invest in deals out of state, and create a framework/system that allows you to flourish.

All activities must be kept exclusively within the framework of the IRA and you must avoid any self-dealing. 

But in general this isn't a bad scenario for you.Here's a rough framework of how it could work.1.

I have been birddogging to start getting leads coming in and am a little bit worried about the logistics of making sure the proper framework is created to handle a deal when I get it.A lot of it is confusion on how the LLC setup process goes, if I need an LLC to get started, etc.. 1.

Even though I haven't sold or rented the home, this deal has laid the framework for my future in real estate.