I am just curious what constitutes reasonable and what is offensive.I am also curious about getting out of expensive money and into a loan around 5-8%.

@Chris Messier My initial (knee jerk) response was to say use common sense ... but what constitutes a large storm is relative ... the weather that has paralyzed Texas these past days is normal winter fare here.

An agreement which conforms with the definition as set forth in § 4-92-102(7) shall be a true lease and shall not constitute a credit sale, retail installment contract, agreement, obligation, or any other type of credit sale financing device, nor shall it create a security interest as that term is defined in § 4-1-201(37).

Many people get confused about what constitutes a Private Loan vs.

Does one party have a greater knowledge or expertise that constitutes an unfair advantage?

Commingling funds and record keeping are the two biggest issue that can pierce the corporate veil, so if you are going to go to the trouble of setting up and LLC, then make sure to properly maintain that arms length relationship.BTW, I also recognize that you could be personally sued in my example, but a correctly structured entity exists solely for that reason and the hope is that you would easily win such a suit.I now feel compelled to say that I'm not a lawyer and this post does not constitute legal advice....

No, don't finance the option price or allow credits from rents be applied to the purchase price, that constitutes a financing arrangement.

This is primarily for the twenty something know it alls with cocky burn the world up attitudes, but applies to all who really don't understand business, basic economic concepts, why things have value and what constitutes a market.

Even written statistics online or in newspapers can be skewed, so even if someone busts out a whole slew of written data, it still doesn't necessarily constitute fact.

Disclaimer: Nothing in the above constitutes an accusation or wilful disparagement...Just questions based on my observations & personal opinions.All feedback welcomed.