They said that sandwich lease options are okay because you stay in the deal, but that you cannot legally do assignments without it going through a licensed agent / broker.I cannot find that statute anywhere and I have called the Florida Association of Realtors legal line to ask and the particular attorney I talked to had not heard of it.

I found Biggerpockets researching some legal entity questions I had and found the forum to be extremely helpful and professional.I live in Chicago on the NW Side.

Their lease is going to expire in 6 days.So the most I will lose out are w months rent + legal cost +bogus maintenance bill.

In order to file, you will need to appoint a registered agent which can be any individual or business entity that agrees to accept legal paper's on the LLC's behalf if it is sued.

Probably that you are to young to legally sign a contract if you find a deal.

Generally what happens is the appraiser will appraise it at its highest legal use or in this case a SFR based on the zoning for value purposes.

You have to do some real research on why the taxes on the lot are not being paid. 1) Could be simple mistake - then the lot owner will redeem to keep the lease payment income from the building owner coming in. 2) Building parcel owner and lot parcel owner are in a legal battle.

Look - the only way to do this cleanly and legally is just like any other; put it under contract and double close.

Straw buyers are a legal practice as long as it is disclosed with a conventional loan.

I'm not sure it's even legal?