The tenant signed a 10 year lease with you? 

It sounds like you already have an Auction.com account, but if not, go ahead and sign up.

How big of a concern is the “step transaction doctrine” (assuming one refis close to the exchange)?

Once they have accepted our offer: they can set the mortgage payment up to be serviced through the escrow company so the seller knows the mortgage is being paid on time.If they have a Home Equity Line of Credit (HELOC) it will need to be paid off through escrow when selling Subject To The Existing Mortgage.All that’s left to do is to sign the contract and and we the investors will walk them through the rest.

Hello BP awesome community, if the seller forgot to disclose everything before contract was signed exactly 4 days before closing .

You want to have someone representing you and helping you navigate the transaction.

I am going to sign an agreement to buy two properties from the same seller.

I'm curious as how to handle things such as who does the marketing, tenant screening, late night maintenance calls, showings, lease signings, having the last word on whether or not something should be done (like spending money on a contractor instead of doing it ourselves), etc.

He asked if we would be willing to sign legal administration papers drawn up by his attorney where we would him rights to the property.

Hopefully, this will be the first of many to successful transactions to come!