"XXX Custodian Firm FBO Your Name."

#2 and #3 should be your #1 and #2also, i'd planned it all along as "wont sell, buy it at xxx, turn into a rental -> collect cash".do better next time now that you have experience.

If you're interested in selling, please call or text me at 678-XXX-XXXX. 

The gal who seemed like a good tenant later appeared to be a compulsive liar who fabricated instant and elaborate stories to explain any apparent misdeeds on her part.

But I do separate my materials and labor bid, i was trained that way, and my template will always look like this:Flooring xxx sf Material x,xxx Labor xx,xxxNote: Finish floor material limited to $3/sf, add at cost if more than.In case the client wants a $5/sf of actual tiles, they only need to add $2/sf.

Before going into details of the house, explain you require a credit score of XXX, no bankruptcies, no evictions, the income ratio, and that you'll be confirming employment and standing with previous landlord.

On the bidding site it has a link to the property appraiser site for the “lot”.......100sf“Northerly 1’ of lot xxx”An aerial showing the strip as a red line (the site shows lots perimeters in red)“land value $50”“No building”In addition the bidding site page tells you “to do a title search, no representations made....”There are also boxes you have to check off to enter the bid site telling you there are no guarantees, talk to an attorney, etc. 

You can do a percentage like @John Underwood mentions or just spell it out in a dollar amount or both - 'On June 2019, base rent will increase by 3% -($100/mo.) and the total amount due thereafter, including the month of June will be $X,XXX.'

It's a 3 bed, 2 bath 1500 sq foot [SFH][Duplex][etc] renting for $XXX per month.

The ones who read this website compulsively, the ones who have logged on once or twice, and the ones who have heard of it but never bothered to take a look.Quite simply the Bigger Pockets people are running rings around the other two types of investors in my area.