Especially when so many people have attempted to buy and ended up walking as @Jason Kaufman explained.Thanks,Dennis

From reading other posts, it seems multi year leases aren't really popular, and I understand why, but I am wondering if anyone has ever attempted to tie the CPI to their rental rates.I have a renter, who is very interested in a three year lease, and I am thinking of putting into the contract that the monthly rent will increase each December based on the December to December CPI.

I wouldn't practically attempt any of these unless using an IRA LLC.

I have learned a lot about rehab and sale, on BP the last few days, I have spent hours studying the pod casts and the blog post as well as the free beginners guide book, this is the first attempt at asking a question.

Now it appears as if the PM company is following in those footsteps.I spoke to the neighbor in an attempt to correct that situation and I am hopeful it has been resolved.

If it is your first flip and the subject property does not have recent comparable sales in close proximity to your subject and you are not “really sure” because of a lack of similar property sales, consider passing on the deal and wait until you have more experience before attempting hard to value properties.

Calling yourself an investor (sounds better and is more impressive) but it's also a justification in an attempt to avoid the license issues.Missouri really doesn't buy the "equitable interest" angle either, if you do "a" deal, there won't be a problem, if you do 20 deals in a year it's a method of operations as a dealer.Your LLC is an alter ego, an entity in itself and is subject to the same legal issues you would be individually in RE.

We are attempting to buy and hold a second as of yesterday.

We are attempting to buy and hold a second as of yesterday.

If on the other hand you are attempting to cover up defects in the property, I would question whether it was worth the potential damage to my reputation.However, either way if you can sell direct to the potential home owner with light makeover for substantially more profit than to a rehabber, then sell to the home owner.