All we can do is suggest things and by no means is our information being given as legal advice.

Legal question:Florida statutes say that new owners are responsible for paying previous owners arrears.

Regardless, I expect it could just turn into a miserable 3 way legal battle with the insurer and SDIRA provider since I see their website disclaims “Equity Trust is a passive custodian and does not provide tax, legal, or investment advice.

If the numbers are considered too thin by other investors, your options for making a quick sale may be very limited.Before considering keeping the investment, I would conduct thorough examination of the property and all things affecting the investment today and with an eye towards the future.

Give them a report or a postcard about seller financing.See http://www.nolo.com/legal-encyclopedia/seller-financing-home-sales-30164.htmlI like the We Buy or Lease Option Houses model.

A list "legal documents" and their purposes.

I'm not licensed yet, but I'm planning on sitting for the exam in the next couple of weeks.I look forward to staying connected.Best of luck!

Real estate agents might be able to provide you a standard state contract, a real estate attorney can likely provide you one, and you can probably find samples online or in the fileplace (though beware that they may not be legal for your state).

You've found your CPA when you tell them that taxes are eating up what you make (b/c they are, btw) and the CPA knows how to reduce them significantly and legally.

You file it at the county recorder's office, and post a notice at the rental dwelling.I don't know if PA has something similar.So basically, your biggest fear is a legal one, but you can protect yourself.Granite is very hard to mess up.