That is why accountants are selected very carefully on a business, just like selecting an attorney for a criminal defense, if selected wrongly, it will cost you to correct it.

It would just be nice to know the exact answer for the seller when having a conference with them about buying their property off the market.

One more note of interest is that one of the speakers at the  house flipping conference who has supposedly flipped thousands of homes said that he uses hard money all the time along with any other methods available in order to finance his flips(even though he has plenty of his own cash!)  

Huntsville is huge beneficiary of the money.Also,  FBI Headquarters moving there which is 4100 jobs.Also, they are slated to receive $54Billion in funding money for Army Defense for Huntsville as part of Trumps Army Build up program.Huntsville appreciated over 6% this last year, which is a lot for a cashflow market. 

I have always been a fan of the 3 offer method as it helps keep the seller from feeling trapped or defensive.

I don't want to make this sound like an advertisement by listing everything off that it does but simply... there is defense if you are sued, you could have unlimited phone consultation with an attorney for any questions you have, they'll review contracts for you, and make calls or send letters on  your behalf.

Interestingly enough, they're both going to be at the Best Ever Real Estate Investing Conference next month in Denver, CO.Happy dealing!

I don't want to seem defensive to the sellers, but I suppose I am since I am not local to the property. 

I'd say very solid and HIGH liability insurance for the rentals is the base line of defense.

Best defense is a good offense.