I think that Seth was looking for an agreement that would help establish standing in the event that one tenant paid their landlord for another tenant's share of rent and expenses and wanted to go to court to collect from the dead beat tenant.

You could partner with any drug dealer and wash it through rehab materials and payroll pretty eaisly.As Ken mentioned, a large dealer may profit, but for the average starting out type investor, Lonnie Deals are pretty dead in the water to start with.

They would be called dead last on an off market deal.

@Annette Schneider Your hunch is dead one.

Who becomes responsible for the dead tenant’s possessions?

@James Woodrich I'd say you're pretty dead on about the $40k/unit.

@Spencer Herrick2 button toggle switch is a dead give away of old knob and tube wiring.

You don’t want to have stoppages or a lot of dead time.

If there is none, like this time, I sent a text.He went next door and saw that the meter was dead so it was not the house itself, but out at the pole.We are quite rural and have the old style "breakers" on the pole.

Here is my take:If they don't trust your honest, you are dead in the water.If they don't trust your knowledge and expertise, you are dead in the water.If they find you arrogant and hardheaded, you are dead in the water.If they don't understand your plan or it isn't logical, you are dead in the water.On the other hand, if they trust you, trust your knowledge and expertise, and your plan makes sense, and they feel they can work with you, they will give you money provided you are talking to the right people in the first place.