Per the Participation Agreement all insureds sign, we are a monthly reporting program and are required to provide a 30-day notice outlining any coverage or cost changes, which was sent via email.

The buyer makes payments to the seller instead of a bank.Contract Terms: The terms of who pays for repairs can be negotiated and should be clearly outlined in the financing agreement.Handling Repairs in Seller FinancingNegotiation: Before agreeing to seller financing, negotiate who will be responsible for repairs.

Outline consequences for late payments.Security Deposit:a.

From the beginning, they outline for the tenants when to contact for service or repair requests, when and how to pay rent and keep the relationship cordial but businesslike.

In this post, we will outline the differences and benefits of granite and quartz and help you determine which option may be better for a home builder, flipper, or rehabber.GraniteGranite is a natural stone that has been used for centuries in construction and decor.

Investing in RE from a traditional standpoint as you've outlined is a viable way to create long-term wealth over a period of 10+ years, most likely 20 years to see great returns if you amortize at a normal pace.The better the price you negotiate; however, the more opportunity to leverage equity and acquire more units quicker, or conversely you can keep debt levels low, cash flow better and add units more deliberately.Unless investing solely from the perspective of appreciating value, there should never be a scenario where you enter an investment with negative cash flow/value.

I didn't think it was appropriate to outline my entire circumstance in my initial question thus I tried to form my question as concisely as possible. 

The PDF by Brandon Turner, 7 years to 7 figure wealth, which is free and you can google it, really outlines how that works.

But those are the bare outlines of a fully documented deal, with a fully documented sales number, NOT a personally estimated appraisal, like the chest-pounding deal you just outlined.I'm echoing @Mark Cruse here when I say that the primary understanding that a REI has to have is that real estate is NOT A GET-RICH QUICK SCHEME.

I have a loan agreement with the LLC  that outlines repayment structure and interest.