What I've done, however, is reduced substantially the ability of knuckleheads to sue me personally through the LLC. 

Owner financing is a great tool for investors ability to leverage.

\,,,,the lender is just interested in the sellers income and ability to pay.In a word ,,one guy says can & one guy says you cant and I like and respect both these guys and have spoken to them many times.Both have great reputations.Needless to say this really changes the "Paint Job" on my explanation of Lease Purchase to possible Sellers and  Tenant  Buyer Candidates I talk to every day trying to do Lease Option deals and I need to form an intelligent opinion about this issue.Any help greatly appreciatedDave Doyle

\,,,,the lender is just interested in the sellers income and ability to pay.In a word ,,one guy says can & one guy says you cant and I like and respect both these guys and have spoken to them many times.Both have great reputations.Needless to say this really changes the "Paint Job" on my explanation of Lease Purchase to possible Sellers and Tenant Buyer Candidates I talk to every day trying to do Lease Option deals and I need to form an intelligent opinion about this issue.Any help greatly appreciatedDave Doyle

- What might interrupt your income or ability to pay rent?

If she were on the note it can hinder her ability to borrow.I'm pretty sure there aren't any divorce attorneys from your area on this site.

They don't fit the 1%, 2%, or 50% rule but the low vacancy (currently none), appreciating rent/market, lower expenses and our ability to self management allow us success in this market.Another great resource is individuals websites located in our signature line.

If you are a principle in the transaction you can use whatever form you want as long as it contains the elements necessary to make a valid contract in your state.  

Start by reading this: http://www.biggerpockets.com/real-estate-investingTake your time and listen to all of the podcasts, then you can figure out what niche fits your needs and abilities best.

I chose 20% down and the ability to personally afford the mortgage without affecting my lifestyle even if the property is not rented for extended periods of time.