That's funny because I and other Contractors always thought the SOW was to keep the customer accountable :-)  They were always the problem in my many years of experience......Not kidding at all, that is my experience too, however, being on the client side many times in the past, the SOW did help keep the contractor in line more as I was not the ordinary client being a RE investor/developer prior to being a contractor.Great post and flippers AND buy and holders should take note of this (in fact, so should wholesalers!) 

there isn't a cap on how many units of your property can be rented to Section 8 voucher holders.

He is the only share holder and there will never be any external partners.

If the person you lend to buys real property you will be a mortgage holder, you could then put a lien on the house if they cannot pay you for some reason.

However, you could buy a partial note from a note holder.

.#13 Install vanities, fixtures, holders, toilet, shelving.#14 Realize you did not install a bath fan when you should have.#15 Wonder if it was worth it.

I’ve never heard of doing such a thing but I assume if it could be written into the deal then you could buy the LLC from the current holder of the LLC.

and finally, if the Note holder does execute the clause, just refinance. 

Do you think my Mortgage Holders, my car note holders, my credit card issuers CARE?

I still wouldn't mind hitting 50 units this year as per my other post - http://biggerpockets.com/forums/522/topics/160698-... However even if I don't, I'd still consider myself a success.Mid 2013 I was able to source ...