The lender may not ask questions but that would seem extremely out of place because it is boldly in their face with the 3 party check.

I think it would be a great idea for everyone, but particularly newbies to print and frame MikeOH's post.

For the last six months I have been a one man show doing everything including printing, stuffing, and stamping envelopes, talking to sellers, looking at the properties ( two hour drive to Wichita Falls, TX and back from Mansfield, TX where I live) running my own comps, marketing and talking to buyers, etc.

I was able to find out the owners name and mailing address and three of them were different (aka absentee owners :) Yea)I went out and box a 20lb yellow pad, created a word template that would print on it and look pretty close to hand written, printed out letters for each of the properties, and will be mailing them out tomorrow..

Currently I am doing everything (printing out letters and stuffing envelopes, taking phone calls, viewing properties, negotiating the deals, etc.) plus I work a full-time job as an Outside Sales Rep.

I’ve even trusted a BOTG ( also buyer) to print my contract and have the seller sign it when meeting at the property.

You need to print out a w9 and get the handyman to fill that out once he has done $600 or more.Then you issue him a 1099 early next year.

However, a guarantee, I wouldn't expect that...at least I've not heard of it.How do you handle calls for repairs -, do you try to solve the problem before sending someone out  Stop where I bolded and let them answer.

I just say be bold and send out 10 messages a week to developers and you will for sure get at least one to meet with you. 

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