I have a short sale offer where the listing broker is insisting on the me the buyer to sign an addendum before he would present my offer to the buyer.Usually I have seen seller's attorney dictating some verbage on a counter.In some cases I have seen the listing broker add in an clause, typically when a short sale negotiation fee is required.But this broker is asking for a whole new page to be added into the contract containing many items.

Just wasn't sure if I should include my monthly management as part of the equation or as a separate line item.

This is a bigger ticket item and therefore I believe it has to be depreciated out over the life expectancy of the AC..Hopefully @Steven Hamilton II will chime in and clarify.

As @Steven Hamilton II says the land is never depreciated.There are some components of the land that could be depreciated, but are typically not itemized as such.For example:Trees & shrubs have a certain life span and destroyed over timeSidewalksDrivewaysUnderground pipesSeptic systemsParking lotOutside light standards

And several Items need to be taken into account. 1. your transfer to the LLC may be subject to local transfer taxes.

They are really borderline candidates, not terrible but with a couple of items put together smoker no rental history well they just weren't strong.

I immediately checked my account for confirmation followed by a phone call to the bill pay department.The bank has confirmed with me that the item was sent and confirmation received from the processing center.

So, the pests may not be there during inspection, but will visit your property soon after ownership.Those are some of the big items.

There are excluded or limited items, such as cash, electronics, collections and such that may need to be looked at specifically and insured by riders or endorsements to a basic policy, if they choose to insure over those limited amounts.The issue for you is the liability coverage they obtain under a tenant's policy, that's the only concern you have and that could reduce your liability issues, so you should check with your agent.Many variables will apply in determining their liability issues and yours as well as how and when your insurance may be affected with any claim arising from negligence of a tenant.

investment property conventional minimum FICO is 620 however most lenders set that at 640 so as long as any open derogatory items are taken care of/resolved you'll be good to go if you wanted to do this on your own.Your partner would have to finance the properties,fund the loan in only his name then add you to title later.