Purchase price: $171,000 Sale price: $185,000 Contributors: Peter Vekselman Partner Driven teamed up with Nathan Ward to secure a profitable deal on Day Rd in Leoma, TN.

That doesn’t just cover the topic at hand it covers so many other aspects as well.

The offering document indicated certain projects which is what I subscribed to invest in. 

First time was from investment companies but no one was interested, so now they're offering a 18% preferred return in hopes of getting more unsuspecting retail capital.

Also, I wanted to convey that the type of investor I describe should on;y accept a quality tenant well above what’s typically considered acceptable in the industry.  

Or the listing agent.If you have a provision on assigning leases to the buyer and transferring security deposits in the Offer To Purchase (in Wisconsin that's part of the standard form) the title company will put the SD as a line item on the closing statement.

@Chris Seveney's suggestion could be a really good solution depending on the numbers. 

Many if not most lenders will also want a Certificate of Standing that you get when you file your LLC on sunbiz.

I agree that the market is very competitive in California - especially if you are searching via the MLS or making offers to distressed or vacant property homeowners. 

(No mortgage on any).the cash flow is a total of $3,100 a monthDo portfolio loans exist for these kind of situations?