I have never understood the expensive sport car thing. 

If you guys understood title rights, deeds, what rights can be transferred and assigned, a bit of contract law and how taxes are applied to transactions, you'd have all the tools Brian mentioned and more. 

However, this is actually often the case.As-Is is basic and understood.

understood and agreed.

It is understood that AGENT is fully indemnified and held harmless from any claim or liability for damage to property, injuries, death, of any person caused by any condition on the PREMISES, conduct or inaction of third persons that arose on the PREMISES, including repairs and maintenance completed during this AGREEMENT, prior to this AGREEMENT or arising thereafter. 

I wish I had understood all of this when I was getting started in 2010-2014.

@Jack Bobeck Understood.

I responded with the customary, “you need to give 30 days notice, and since its already mid Sept you’ll need to wait until Nov 1 to move” They understood, and let me know they had accepted another apartment for Nov 1 and would be out by Oct 31.

I want to get this development started on the right foot and having a solid contract that is understood by all parties makes the most sense as a starting point.Thank you for your time and wisdom!

First, I understood the cost of material vs cost of labor.