Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

This explains what is wrong.

It always makes me cringe when I have a brand new (zero properties) "real estate investor" on the phone explaining to me how they "underwrite deals"..Be authentic people, everyone can see through it. 

It explains why they are usually in the lowest barrier space within the industry (until recently not even a license was required & many still operate illegally).As a Philadelphia resident and active investor in the city I fully endorse investing in Philadelphia but only if you’re receiving sound advice. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

I would then explain to this complaining tenant that the heat provided meets what is required.

They will explain the process and the cost and talking to them as a consult for a possible job is free.

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-teamThanks so much for the warm welcome Samuel and for sharing that resource!

Nobody can explain why an electronic payment takes so long, but that's the reality of our banking system.I consider it paid on the day the payment is initiated, which in this case would be the 14th.

If you do not have the experience you need the credit, the right deal, and the capital cause chances of you getting max terms on deal 1 are small.I try to explain this to people all the time, it's not just you the borrower, it is the deal too.