Trevor,Congrats on making the decision to get into RE. 

Never had to do this ever before  There are two ways to do this, google and find a template online or get a realtor that can use some promulgated documents by TR.Per law, no-one can write you a legal document except for an attorney or the person providing the document will be infringing the law.In terms of the tenant leaving there is no point to pursue any legal way and for you to get possession, you create a termination notice and then in 30 days you can take possession.

I would love to connect with you & chat about your RE goals.

Our over all objective is to hold the house for equity growth and future financial freedom, but is it worth potentially just breaking even or having a small monthly expense to keep the homes? 

We're aiming to live in a property between San Mateo and San Jose that could use some TLC and fixing it up with some sweat equity.We'll be living within the area for the foreseeable future and I'd love to begin networking with other investors!

Too early to say whether the licensing and legislation/reform that's slowly being introduced across the country will clean up the perception but currently this is how many in the industry (particularly the ones you want to build relationships with) view the RE wholesale industry. 

I'm looking forward to learning, connecting, and building the future with you all.

I would bet money that the licensing agency requires in their rules that they must disclose in writing to the client every conflict of interest. 

There are more issues and you’re only addressing the easy one.You, or a VA, can schedule a call to your tenant to remind them and find out if they intend to re-sign with their current insurance company or shop and go with another.

Yes your Heloc + Mortgage for the first home will be added to your DTI, however if you have a tenant in place that covers that amount (contract for at least 12 monhts) you might be able to write it off...