Similar concepts but more applicable to RE investing. :)

In some training that I attended on seller financing techniques, I was introduced to the concept of the "sandwich installment sale", which is essentially buying on land contract and then selling via (a different) land contract - but I haven't done anything like that.

:DFor the past year or so I've been looking to buy an existing restaurant that was closing or the owner wanted to retire, but I haven't found the right location to work for my concept, or for the right price.

Bill Gulley While I'm familiar with the concept of Series LLCs, we don't have them in Ohio, so I can't comment with much authority on the details of their use.

With an LLC the Operating Agreement is the heart of the business and it should be tailored to not only standard provisions but to the concept, business strategy and conduct or responsibilities of members.

The fact that you've been able to get this far in that kind of educational process shows that you understand some pretty important concepts that many, many investors are never able to wrap their minds around.Ali Boone has a great point, that your on-the-job training can help you out in a lot more aspects that just the technical.

How the Sponsor will handle concepts like 3rd party liens or unauthorized property sales or renewal of undermarket rental agreements is unknown.

it may be difficult to collect from the tenant but with a good insurance company it may not be that difficult and it may be simpler to just have the tenant pay for that insurance, the cost is around $150 a year for the basic coverage, although I have no experience in submitting a claim for renters damages on a policy like this...

The process of buying a property as a cash buyer is a great deal simpler than buying with financing.

I'm not an attorney, but these concepts are covered in RE law and contracting and a big miss by many investors and those devising thier own contracts and terms. byhttp://academic.udayton.edu/legaled/remedies/Unit03b.htmmany .There is a link to Texas Law that covers the concepts of being at law or to equity