Protecting yourself on this kind of deal is a whole new different story (say they place funds in escrow or something).

As soon as you close get an insurance policy to protect you in case of a loss.  

I agree and he and i have said we would do a contract to protect all parties involved.

Right after you close get an insurance policy that will protect you if there is a loss.I am 59 years old and I am trying to start over again when I finish recovering from my brain annurism and a stroke.  

Hi @Melissa Gittens We've had to do no evictions so far, we did have to repair the stair case in the basement and we are going to re-concrete the sidewalk just for liability protection. 

You need to know your business inside and out for 2 reasons.First, you want to talk a lot with these experts you’re going to hire in the other markets so you can test their skills and get comfortable that their expertise is at your level or higher.

We are looking for more deals for rentals in the area, but my question is; Does anyone have any tips on how to pet-protect your property and additions that should be added to the lease terms?

For me I would be offering all cash and 7-14 day close, but how do I protect myself in the offer?

If the client doesn't want to pay for that two-way street of legal protection, then they find another contractor.

There are a lot of forms to have to protect yourself in MA!!