What's important is that you can adequately support the method you choose.

Obtaining adequate insurance and then having your company lease from the trust and sub let to the tenants.Need a referral for an attorney call me at the number below.

The settlement is an accounting process and the lender gives instructions to the settlement agent not to release funds unless adequate and good funds are escrowed by the second buyer.If the settlements are extended, say you buy on Monday and sell on Friday, the parties may agree to an escrowed settlement to disburse funds on Friday, you can execute your documents on Monday, this time gap will generally be subject to local escrow and settlement requirements as well as state laws concerning escrow deposits.As to the cash on deposit, the trans/lender's money can just sit in the pot, it must be there but it doesn't need to be disbursed, the second buyer's funds are also in the pot.

If the levels are going to high then you do not have adequate sound proofing in the walls.

Another possibility would be to put it under contract and then in your due diligence you tell the seller that you want to move forward with the purchase but in order to do so and to satisfy your lenders requirements, obtain an adequate appraisal, and/or make the required return on your investment, you need to have him send a rent increase notice out right away so the rates are where you want them at closing.

If you are in a tight or competitive negotiating situation, you may not have time for that formality and need to have a P&S contract available with adequate protection for due diligence.

Treat the area thoroughly with Microban....then add adequate venting....a thick vapor barrier which we usually bring about 1' up the sides and seal off the edges.

Also, make sure your attorney has done wraps before and is providing adequate disclosures (like the underlying lien disclosure as required by Texas state property code).

You also need to make sure each investment passes the 4 tests of the Highest and Best Use of the property.The 4 tests of the Highest and Best Use are; Financially Feasible – the property must generate adequate revenue to justify the cost plus provide a profit for the investor.

I do think there is potential to be taken advantage in long distance, however with adequate research and cross references I believe you can find a property manager that won't screw you over.