The tenant is clearly instructed on the importance of on timely payment and must understand late payment will result in eviction or non renewal of their lease.

As I recall, our term was 4 or 5 months.Hold a Quit Clam Deed in Escrow - Have the closing agent draft a QCD from you back to her with instructions to record it in the event you either go out of business or you can't meet the 5-month balloon term from suggestion #1 above. 

Follow the instructions given below:You must apply for a certificate of discharge of property from Federal Tax Lien.

My Gf's Dad is already somewhat of a real estate entrepreneur and does his own evaluations but I'm by no means as experienced as him.

A lot do not read instructions, do not understand materials, do not stand back and think for a minute...what happens when???

Hi NancyNet from deal, minus business expenses (incl mileage, business overhead, education, travel to 'find' more business, etc) = taxable income.Get an investor friendly CPA/tax person to instruct on all your write-offs, and take them.

The best two groups are within a reasonable distance are Greater Cincinnati REIA and Central Ohio Real Estate Entrepreneurs (COREE).

Their instructions/directions on using the site are fairly convoluted;  however I am still able to pull up L/T closed cases in 5 boroughs and Long Island, even though the directions (#3) if i'm reading correctly, say they are not reporting L/T cases for those areas.  

I want to help other entrepreneurs achieve their goals by helping in anyway.

They have documents pertaining to the house as well as instructions for who can bid, when, etc.