There are other contingencies as well (sorry I don't want to write a book here).Option period's length and amount are also negotiable.

Yes, thanks for the feedback.Sadly, as with many laws, they did not check with me before writing these disclosure / lending laws.

This is their chance to note any deficiencies and write those on the checklist. get it signed by tenant before handing them keys. 5) use the realtor association lease template specific to your state/county.

Steven, I'm not sure if you mean that a mistake is using the forum to get more info or perhaps using tax software at some point.

If so, then don't increase your offer, leave it.But let's say you are willing to pay $100 over the highest, would you really write that into the contract?

I have all of my mortgage payments set to be automatically paid from that account each month so I don't have to write any checks.

I had planned on writing a very different post today.

I found a company online that will actually create a font for typing letters up that is your hand writing.

You will have to front the $, then he will collect other half midway from the lender. at closing, he collects the final 1/2 & reimbursese you.Make sure you get it in writing & that he is licensed & bonded. you don't want him running off with your $ (not that he will).Yes rehab loans are a pain but it's a great way to use other people's $.I think you have a great plan & minimizing your risk.

Steven Hamilton II thanks for the info.If the OP had formed their LLC last year and in the OA laid out their intent to find, acquire, renovate, and manage properties would they be have been able to write off the mileage as a necessary expense for these business purposes?