In English, this means that if you transfer title to your LLC and the bank accepts nine payments (or any number other than 1) from your LLC before attempting to enforce the due on sale clause, you can argue to the judge under the rule of precedence, that the bank had full knowledge of the transfer AND accepted payments with such knowledge and therefore their motions to enforce the due on sale clause should be dismissed.

The rents are (usually) substantially below market; there is deferred maintenance in the units; and the tenants have a Long Term bad habit of not following the terms of the rental agreement or LL/Tenant laws.By shaking things up immediately, they are put on notice to shape up or look elsewhere, and the sooner you get qualified tenants willing to follow the rules, the better.To be clear, I would NOT make such an offer to a tenant I put in, or at any time other than very soon after closing on a new rental.

As for the contract I can help you out with that also...Basically you would need Bid sheetPurchase and Sales contractSigns around the propertyNews paper adsOnline adsauction rules

Can I become the exception to the rule?

Also ask your broker about recent Freddie Mac rule changes that disallow financing for a property that's been in an LLC.

For me, the number one rule in Real Estate is to...Enjoy yourself!

Establishing an identity graphically with colors and a slogan is one thing, but branding in the corporate sense is beyond what is necessary.

Not to be harsh, but I had to learn this business rule the hard way.

When I teach individual Financial Management, one of my first rules is, "Never go into debt on a non-appreciating asset".

But it would certainly look good; at least until someone painted it, and then it would look absolutely identical to the painted siding already on the house.