Also, companies in the real estate sector that have to import equipment, materials or input of any sort in the normal course of their business, would have to spend more per the devaluation.

Also, have the tenants paid any sort of security deposit?

Lenders use the term to soften the "hard money lender" stigma and to market themselves as being easier money to obtain or other benefits as if it's a private transaction, sort of no lending rules like the bank has.There are many issues using private money, much depends on who approaches the matter, who makes the offer.

There are all sorts of potential issue involved. 

I've sort of been looking for the next one since we bought this one.

Sort of but not in the conventional methods.

Take chances because you never know who you are going to meet or who might know someone that is looking to get into a deal of some sort.

In my experience, the monopolization of these sorts of properties produce consistent and lucrative cash flow.Ryan

Double closing: I am using some sort of short term funding to purchase a property from a seller.

an operating agreement is basically the contract between you and your partner, and not an area i'd skimp on. the operating agreement is the guiding document that sorts though the rough times...should things go south. and they do, sometimes even with family ...