At this late stage I normally stay mum until afterward, then have the work done (or a year's weed/fertilizer treatments via TrueGreen) and assess the charges against the deposit.Startup photos and careful photo-documentation afterward are crucial, as well as the need to use professionals for the fix.

Depending on the amenities and property i have between 5 and 10 addendums for signature and about 4 other FYI documents.

I would then submit a LOI with 3 options to choose from

I have documented our experiences in the investor deal Diaries forum under the name project BP.

They've shown me properties they've done in the past (or at least an email detailing them), but I haven't seen any official documentation.

Failure to get approval prior to this could result in your financing document being accelerated, and your property foreclosed on.

Can someone document how this position would help me in my real estate investing career?

Before buying, you should always have a good sense for the rental rate and the three renters should be able to cover the mortgage as well as your cash reserves for repairs/capex.Another thing you will have to find is an agent who is willing to work with investors, and that often means submitting many many offers that are considerably below list price.

That's true most of the time as standard lending terms won't allow it, but you can negotiate having the lender offer release provisions in the loan documents that would allow to sell one or more properties in a blanket loan. 2.

I had my lawyer draw up a tenant contract as well but it looked like a legal document and feel like it would scare away tenants.