Be nice, document all in writing, avoid phone calls or if you do talk make sure you record all the conversations- download ACR for your phone- save recordings, always prepare for court...I have some good vendors in Austin.

It appears from this thread that i'm learning that a solid rent roll, along with leases to accompany it should suffice.

I also mastered the county real estate deeds and mortgage recording system, the online county court records, the marriage license bureau records, federal census and SNAP data.

Afternoon, I work for a Commercial/Residential brokerage firm in Phoenix, specializing in court ordered sales and judicial appointments; we frequently find ourselves with investor worthy product. 

I had a contractor who I had to fire as it became appearant that he could not complete the job.  

It appears I have more control over that but that's the risk ABC will take..Also ABC lending me the money with a lean on the property will not work.

And you cant just kill the LLC that built the houses an underfunded LLC in the eyes of the court is no protection and you become personally liable..  

While it is true that courts generally don't have issues with enforcing such clauses, there are various exceptions to it (e.g. when parties act in bad faith, crazy force majeure situations, etc.).  

This person did not appear to be a scammer...but who knows.

I have found that oddly this can lead to an even greater financial reward for the simple reason that you may not have that much competition to deal with as a real estate investor, plus you will find that in places like Erie, which by the way I have also invested in, you might find some great hidden gems in what appears to be nothing but rubble.