This would avoid the $800+ LLC fee so long as you can avoid the classification of "doing business" within California.

Through this assignment agreement, you are transferring your rights to purchase the property to your buyer for a fee. 

I would own the company as a Franchisee, but not sure if this a good option with all of the associated fees.

I'll preface this with I don't know the condition or square feet of your house, which are both large factors for determining the rent. 

Make sure to factor in all expenses such as property taxes, insurance, repairs, maintenance, repairs and potential rents. 2.

In Macomb county you will need to make a lease on a monthly basis where the water becomes the rent after non payment this way you can claim those fees into your eviction notice and collect

I would just factor in the difference between $800 and $1500 until leases run out as part of my 'closing costs'. 

@Amy FirminAmy, If you are bringing your kids in to teach them the business, letting them know that trying to cut costs by saving on legal fees is definitely not the best advice.A partnership template may technically cover the needs of the parties at its inception but may not be sufficient to cover the eventualities that can arise in real time.If you do find that template, spending a few bucks to have an experienced eyeballs on it to button it up seems like a good idea.

Be cautious of cities that aren't proactive in job attraction; too much growth can lead to strict building regulations, affecting housing value.Other Factors- Favor cities with a crime index that has consistently decreased over a decade.- For appreciation, I look for a minimum of 2.5% YoY growth in median house values over the past 20 years but I don't use this explicitly in calculations.

This violates the lease, but rent is paid on time each month, neighbors have not noticed anything unusual, and the tenants are hardly ever there so overall, they are good tenants to have.I am debating ending the lease due to the clear violation, OR adding the new employees to the lease for a fee with regular inspection to ensure only 3 people are staying in the unit.