I'm not sure what an "informal" offer is, but why waste time with anything other than an offer that, if signed by the other party, constitutes a legal binding contract? 

If anything they wasted our time and tied up our $.

Yet another vacated after a minimal $25/month rent increase.

Those who are pet friendly, suppose the students aren't picking up the dog waste from the yard?

So I've read through a lot of the land trust info and find myself still a little muddled about it.So here's my question.My wife's parents own their house outright so we are trying to figure out whether or not to suggest a land trust to avoid the inheritance tax issues, and to avoid having to buy the house from the estate as they are in their 70's now, and my wife is an only child.Is this a good idea or a waste of time.All of my research has suggested both so anyone with some insight would be very welcome.Thanks in advance. 

@Russell Brazil   I just hate wasting the opportunities presented here at BP for investor friendly agents. 

I'd hate to just see them go to waste. 

And what are you doing with them besides wasting time?  

Too much saturation, the deals are more minimal, the big growth wave has already happened there, and it's just not an easy market to work in anymore.

Don't waste your time.