You should look into your consumer protection laws, specifically related to contractors, in your state.

Yes, giving your word is important, but just as much as contracts ensure that the people involved follow through on their word, they're also meant to protect the parties involved.

In short, yes, and also probably.Whether or not you get your earnest money back depends on if you breached contract or not - that's what the earnest money is there to protect the seller from.

Hi Doug, I’m a newbie investor and I listen to Robin Thompson’s teaching CD’s, she is a rehab queen out of Ocala, FL she recommends independent contractors, electrical, plumbing, painter, roofing etc,  the GC can be contracted for Sheet rock, flooring , dry wall etc, better protection for the investor to ensure timely completion of work with cost over runs

There is no protections or remedies for landlords in Balt City. 

If the deal works with commercial financing I would go the LLC route since that better protects everybody's long term interests.Congrats on getting that first deal!

I requested a Redemption of my funds from fundrise back in January and they won't release them.Here is what they said:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid. 

With this corona virus scare and potential quarantine it could be a HUGE hit to all real estate agents/investors/ small business owners/employees and everyone else! With this potential quarantine tenants could be out ...

Protect your body.

You would think pieces of history like that would have more protections given to the owners should something like that happen.