Also, I've seen some lenders ask the potential borrow to write a letter explaining certain things (i.e. including why you want to buy a house).

Did you find the leases or did you have to write up new leases?

Write them a private unsecured note with an interest rate and terms.

You could write for use and occupancy on the receipt and i believe this prevents you from having to start the process all over again but she does not have a track record where i feel that you can risk taking a chance with her, cut your losses and run.

I assumed the banks wont consider it without, but it may be the agents way of making sure the guy writing the offer, has the funds to close.

I cant stand Uncle S either and it makes me sick writing him checks so he can piss it away, but it is a fact of life living here in the US.

The software at Rich Dad's seminar had amazing features that I feel would make my life easier as a REI.

Hey Cody Croslow - Thanks so much for taking the time to write your message.

Write up a joint venture agreement or if LLC's are cheap in your state, set up a partnership LLC detailing in the operating agreement how the funding and payments will work.

If the seller sees that in writing and still signs the contract, I can't imagine a judge would conclude you took advantage of him (though again, I'm not an attorney or an expert on the law).