What I'm about to say is my opinion based on several factors; a. experience in reviewing thousands of RE transaction with respect to lending issues. b. legal aspects from personal experience and formal training and c. subjective judgment in applying learned experiences.

What subject is/are your academic degree(s) in?

It becomes a rider when the subject property is for investment purposes.

The only test we have been subjected to is the buyers attorney & the Title Co perusing all the LLC documents if & when the Title of the property being sold is held in the LLC.

I have a lot to learn still at this point, but I try to educate myself as much as possible and have spent countless hours doing my research online as well as reading many great books on the subject of investing, wealth and money management.

If Seller can not cure the defects on the title, I may still elect to accept title subject to the existing defects and close on the transaction.

Or you could write a subject to type deal and offer some of the future appreciation, should that occur.I am a little surprised that the taxes and insurance are not escrowed.

However, I'd need FHA financing and it appears that this duplex is fully occupied and closing is subject to tenant rights.

There is an excellent book on the subject of becoming wealthy without the benefit of a high paying job or inheritance.

After that year, I would exercise my option to buy and purchase the home for the remaining balance.I understand this is all subject to the terms I can negotiate with the seller.I'm looking for any feedback.