If you don't have a written lease, the state and local laws will define some standard terms.If you're only month-to-month, and the owner is unwilling to give you a longer lease, then you may be out a month or two after the closing, if the property sells.

That is the problem when labels of political affiliation are not clearly defined - and yes labels of political affiliation are fair game to apply to someone's views and need to be clearly defined, otherwise you have confusion and chaos which leads to no resolution of an issue.Eddie's in the bayou right now, filming something else.

I noticed you are in California.Many investors are not purchasing there that live there.They are looking at Florida,Georgia,etc. where you can buy multiple properties cheap that cash flow well.California tends to be more of a speculative market where the markets can swing wildly and many take a gamble on appreciation.You just need to define what you want your plan to be.About what range do you have to put down??

Remember too, that it is the secured property that defines the type of loan, being commercial or residential, not the fact that you have a business enterprise or that the property will be owned by a business entity.

Here is what he had to say when posed with a similarly broad question on his column:Term Vs Whole LifeAnd here is a snippet for those that won't click through to the link (my apologies to the mods if this is copyrighted and you need to take it down...I do business with Scott so hopefully he won't sue me ;-))://Quote Scott BurnsThe difference between term and whole life is that whole life has a savings component and builds cash value.

This is a very broad question and it depends on your age, what you are trying to do, etc.

It's far too broad a term against Obama.

Definately think you need to find a good CPA and a good attorney.

The agreement can define many troublesome issues.

I have helped build 7 houses so far with Habitat for Humanity for what that counts.I would be getting the GC license to demonstrate my knowledge of construction processes, building codes and general knowledge of the construction industry, definently not to give investor's the impression I have years of experience in construction.