There is no more money to be made in real estate than in any other area of investing or starting your own business.For the most part the 'stories' you heard of people making many millions are just 'stories'.However, there is a very small percentage of posters here on BP who have actually done very well for themselves, and have freely shared their methods.But no one is going to do it for you.

It is hereby agreed that such condition shall be for the exclusive benefit of the Buyer and may be waived or removed by it at any time during the Feasibility Period by delivery of written notice tothe Seller.Seller shall provide to Buyer all of the following information and documentation (hereinafter called the Review Items) to the extent that it is in Seller’s possession, within five (5) days from the date of execution of a Purchase Agreement between Buyer and Seller:a) Copies of any and all ground leases, residential leases [which shall be made available to Buyer at the Property], easements, land use restriction agreements (if applicable), deed restrictions, liens and deeds of trust, and any other documents encumbering the property.b) A complete set of as-built building plans and specifications of the Property and all improvements thereon, including all structural, mechanical and electrical plans andspecifications, to the extent in the possession of Seller;c) Copies of any and all existing soil, environmental, structural, mechanical and other consulting studies or reports pertaining to the Property and any improvementsconstructed thereon which have been completed within the last three (3) years, to the extent in the possession of Seller;d) Copies of all financial statements pertaining to the operation of the Property, including income and expense reports for (a) the last three (3) full years and (b) each month of the last twelve months, to the extent in the possession of Seller.

And unfortunately, most of these tax preparers aren't any smarter than a copy of TurboTax, asking questions and punching in the answers.

I copied the relevant section from Ohio law below For purposes of the immunity created by division (B)(1) of this section, reasonably necessary force to repel a trespasser from a building or other structure that is maintained as a permanent or temporary dwelling or to prevent a trespasser from making an unlawful entry into a building or other structure of that nature may include the taking of or attempting to take the trespasser’s life, or causing or attempting to cause physical harm or serious physical harm to the person of the trespasser, if the owner, lessee, or renter of real property or a member of the owner’s, lessee’s, or renter’s family who resides on the property has a reasonable good faith belief that the owner, lessee, or renter or a member of the owner’s, lessee’s, or renter’s family is in imminent danger of death or serious physical harm to person and that the only means to escape from the imminent danger is to use deadly force or other force that likely will cause physical harm or serious physical harm to the person of the trespasser, even if the owner, lessee, renter, or family member is mistaken as to the existence or imminence of the danger of death or serious physical harm to person.

Originally posted by DAVID GAGE:One lady was even appalled at the idea of giving me her bank account info.For one of our rentals, we don't ask for bank account numbers, but do ask for copies of bank statements to see what kind of balances they keep and their spending patterns.

Of course, from here, you'll want to verify all these numbers (using tax returns, utility bills, rent rolls, deposit verifications, etc), verify actual copies of the leases to ensure that you're not losing more to concessions, verify that there is no deferred maintenance issues that you need to factor into the price, etc.

Look, my mother used to put me to sleep as a little child with a copy of Murphy's Law, so I'm well aware that if there are five possible things that can go wrong, and I take steps to circumvent all five, a sixth way will promptly develop.

This might turn out to be a hard read because I copied and pasted quotes from another thread.

I collected the listing information, I made an offer and put a courtesy copy of my offer to the "Examiner In Charge" at the local FDIC office.

Have the individual fill that out, add a copy of the business card, surety bond and liability insurance and that should cover most everything.