Only thing I'm thinking of doing is including a 60-day notice for when she leaves (although I'm not sure whether it is legal). 

I know I can rent it for 2+ times my mortgage but I also stand to make good profit if I sell, which is why I want to have a conversation with the right legal professionals to help make a good decision. 

This is important for the possibility of your loan getting approved but also a major factor in a seller's decision to accept an FHA financed offer over an investor who is paying cash or financing with a conventional or commercial loan.I would suggest taking a different approach with your FHA loan and looking for a property that you would want to live in for an extended period of time but also would cash flow if leased it after satisfying your FHA owner-occupancy time requirements. 

Researching the feasibility / legality of doing lease options and rent-to-own in Indiana.Any suggestions as to where to start?

Hi Everyone,                        I was wondering if the following clause is legal in Florida?

When they were the high bidder the next day the auction company called them and claimed it was a reserve or seller approved price auction, and the bid was not high enough.

I'm ready to pay cash, rehab it and get renters in.......my main question....Should I first form an LLC and should i hire an attorney or use a service such as legal zoom?

Even if they did probate, You’re heading for some legal problems, talk to a local attorney.

@Mike Cumbie Did the listing state that the short sale was ‘bank approved’?

Looking for insider tips on appropriate paperwork and legality of conducting lease options in the state.