By paying interest, fulfilling your obligations under the agreement are pretty clearly completed or not, which I think could save you a lot of drama.Speaking from past partnership experiences, with unwritten, open ended arrangements and agreements, it's great at the start until one person feel's like they're carrying the whole team.

So I am jumping in feet first.I plan on taking a 60 hour course that teaches the South Carolina test and also fulfill's the 60 hours required as well.I know being a agent is hard job, I can handle stressfull/hard jobs.

If you have a sexual predator next door or some other issue the might scare away tenants then I might want to walk away.

Meaning, to fulfill the 50% rule, a landlord would have to rent such a place for $1800-2000/month.

Also there will be certain requirements for residency on those and if you know going in you aren't going to fulfill that stuff you will be committing mortgage fraud.

Maybe I can do a separate contract with the wholesaler that will trigger when the contract between the seller and the wholesaler is fulfilled?

REIA meetings, Courthouse steps, BP, public records, etc.Again, any contractual needs should be fulfilled by an attorney but there are a couple on the BP FilePlace (under resources tab)?????

Minimize your lost rent by following suggestions in that other thread and find their replacement ASAP.You will get your satisfaction down the road when you get inquiries from future landlords where they seek to rent: you just have to be honest and report that they failed to fulfill the entire lease term, and that there were threatening remarks made to a property manager.Lastly, be more thorough in screening future tenant applicants; there usually is some previous behavior that you can discover when you have applicants such as this tenant.

If the tenant can't fulfill the L/O agreement on the property where there is a contract, you cannot keep them in that property (by either re-newing the lease option or re-renting to them) - this will give them equitable interest (b/c there was a L/O contract).

I like the idea of asking what they like most and least.With rent increases, one might just move out so you'll have an open unit that you can move into to fulfill your loan requirements.