You need to talk to a lawyer that practices RE dispute law in the jurisdiction of the home.

I did not immediately purchase because I was closing on another property at the time and needed the cash.As 2018 rolled in, along with my New Year resolution of taking more action in real estate investing, I booked my second call with MI and spoke with Glenn.

How will you automate dispute resolution?

Next, be resolute that you are going to buy EVERY property so that it will cash flow with 100% financing and that you will have AT LEAST 30% equity at closing on every deal (more is better).

Time can't be disputed.

If there's ever a dispute, good luck! 

Liability & Licensing – Confirm in the written agreement that the independent contractor has liability insurance and is fully licensed by the state and any other relevant regulatory agencies.Dispute Resolution – You may choose to include a clause requiring disputes to be settled via mediation.

If there are disputes (loud noise at night, not cleaning up after themselves, bringing over rowdy guests, etc.) then you have to deal with it.  

Someone would have to sue (and win) for about $2.5 million before it would take your assets.The average Landlord will never be sued over more than a security deposit dispute.

., any provision in connection with a building or construction contract to be performed in Illinois that makes the contract subject to the laws of another state or requires litigation or dispute resolution in another state is void and unenforceable. 815 ILCS 665/10.