hi everyone.I'm wondering if it makes sense for me to let a realtor I know here handle the contract portion of myfirst and second deal so i can learn from her.Im not too worried about cutting into my profit on the first and second deal but rather more worried about messing something up legally, as that is the area I know the least about.I contacted a lawyer in my area and he said he charged $1500 for contract reviews, which I know is high.So my question is, do i use a rea or a layer to handle my contracts the first few times?

We will prorate the last month only if the tenant gives us written notice to vacate in accordance with our landlord tenant law, prepays the last month's rent (or portion we agree to) and moves out by the date specified on their written notice.In your case, it sounds like they gave you ample notice, moved out by their specified date, and you agreed to deduct the portion of the last month's rent from the security deposit as per their request.  

Do I hold onto house, convert portion handicapped accessible apartment?

I think I'll plan on buying an apartment and then renting out a portion of it to school mates to pay the mortgage and other fees.

I have a job that allows me to pay my bills comfortably and pay down a small portion of my student loans and credit card debt each month.

@Al Williamson,I guess that makes two of us odd balls.We have had two tenants who admitted to us they could not manage their paycheques and asked to be able to pay a portion of their rent bi-weekly in one case and weekly in the second.To give credit where it is due, it was the first tenant (Ms.

@Tammy Vitale Google American Log Restoration/M&M Log Home Care.

Title Policy ad Survey - What doe you select in this portion?

After my wife and I closed on the house, my brother and our mother would give us his portion of the down payment as a non-taxable gift (both gifts under $14K limit per giftor) with the intention that we would transfer ownership of the house to a LLC owned by all three of us.

Anyway...back to the point...The rep that I just encountered from this group had advertised a property in a very desirable portion of North Dallas...an area of particular interest to me.