Furthermore, with the recent changes in Canadian lending laws (which makes it harder to get loans), we have seen a slight downward effect on property prices (and longer days on market). 

To be sure of your liability, you will have to check the CO law, but CO is somewhat similar to UT so here's something that might apply:You're a holdover tenant - which means the lease renews on a Month to Month basis every time you pay rent, and M-M leases run, well month to month. 

The courts would see right through that attempt.I'm also not sure if marriage implies joint ownership or not (marriage laws are crazy and vary, so just something to ask your attorney about).I second the usefulness of an umbrella policy as well as, of course, being aware of your local rental laws, requirements, and regulations.

Since Culver is it's own city, it does not go by the same zoning laws as Los Angeles. 

The contract I use was drafted specifically for wholesaling by an investor/wholesaler friendly law firm.

Learn your local collection laws.  

So I'm not sure if the laws are different in CO, but I know here in CA you can purchase a backcountry cabin on Forest Service Land, but it is NOT LEGAL to rent it out, nightly or otherwise.

They are no doubt managing these huge portfolios strictly on a spreadsheet basis and will have huge datasets in which they can spot trends or money sinks and drive out costs from their management profile.

Igor Kalabukhov That sounds a lot like syndication and I would be careful pooling $ like that as it appears to break many SEC laws.

I'm looking to learn about Lease Options deals I'm in the Washington DC area (DMV) so I know laws are different all across the country.