There is not a separate document needed to purchase real estate, but there are often addendums to the contract which may modify the original contract. 2.

Have an attorney draw up or modify an existing JV agreement that addresses all concerns of both you and the wholesaler.3.

Also, agents actually can't modify the contract or make suggestions to you because they would "be practicing real estate law".

.--- Perhaps they will agree to modifying their lease to increase their rent to basically pay you back over time.

The thing is, when checking back over my list, I saw that I had never before sent these people letters other than the one time.I said that to say several wholesalers and investors use some type of modified format of a yellow letter. 

I like to change things around (such as modifying the ROE in your case) so I can compare apple to apples.

I am self managing a SFH in St. Paul, Minnesota.  The tenants are boyfriend/girlfriend and under a 12 month lease that started July 1st and so far have been all star tenants.  They pay on time, they notify when things...

@Philip E.PM me if you want a copy of it that you could maybe use to modify it for yourself. 

I made so many mistakes along the way and had to modify my strategies.

That search modifier would help in the forums as well, facilitating a more rapid exchange of information among licensees governed by the same state laws.