@Al Williamson has a great site: http://leadinglandlord.com/I'd also look into the possibility of doing a "fixed rent" or "guaranteed rental agreement."

Originally posted by @Al Williamson:Thanks for the input.

and title companies, escrow services, et al.

@Clayton Mobley is there a qualified intermediary here in Birmingham, AL that you've used and liked? 

They won’t give you al the answers in a weekend class.

I am constructing a market research report on the multi-family market (20-50 units min) in secondary/tertiary markets in southern college towns, primarily towns in the Southeastern Conference including but not limited to Athens, GA, Columbia, SC, Knoxville, TN, Nashville, TN, Lexington, KY, Auburn, AL, Starkville, MS, Oxford, MS, etc...I need to work with the best investment sales broker in each of these towns to source on-market/off-market deals that will achieve our targeted returns north of 8-10% with 7-10 year hold periods.  

Since you live in Alabama though, you probably have a lot of nearby options if you're looking to cash flow.

Joseph, MO--KS 72.1% 45 Bristol--Bristol, TN--VA 72.1% 46 Fargo, ND--MN 71.7% 47 Anderson, IN 71.7% 48 Duluth, MN--WI 71.7% 49 Prescott Valley--Prescott, AZ 71.6% 50 Cape Coral, FL 71.6% 51 Anniston--Oxford, AL 71.3% 52 Spartanburg, SC 71.3% 53 Dallas--Fort Worth--Arlington, TX 71.0% 54 Morgantown, WV 71.0% 55 McKinney, TX 70.9% 56 Denver--Aurora, CO 70.8% 57 Hanford, CA 70.7% 58 Orlando, FL 70.7% 59 Lexington-Fayette, KY 70.6% 60 Houston, TX 70.5% 61 Elmira, NY 70.5% 62 Janesville, WI 70.4% 63 Slidell, LA 70.1% 64 Lake Jackson--Angleton, TX 70.1% 65 Lima, OH 70.0% 66 San Antonio, TX 70.0% 67 Austin, TX 70.0% 68 Jackson, MI 69.9% 69 Durham, NC 69.3% 70 Atlanta, GA 69.2% 71 Tampa--St.

Can we not simple put a renewal period for a new contract until the length of the terms in a L/O deal run out?

@Blake JarrettHi Blake, What bank do you use in Madison, AL?