In our area, 3% deposit will immediately go to Escrow, preapproval from local major lender is carefully contacted with verbal confirmation that the buyer stands out. 

I wouldn’t even think of an offer or number or anything up front.

It's a little strange to digest but the IRS doesn't care how much profit you have they simply tell you that to avoid all tax you must purchase at least as much as your net sale and use all of the proceeds.2.

For the next property, take care of this one, and down the line you can possibly look to refinance (if the numbers work) so you can have capital for the second deal. 

I would appreciate any inputs on how to start, laws regarding the business, loopholes to take care of?

Wanted to see if anyone who either is or knows of an attorney in the Winchester/Front Royal area who could write one up quickly and won't cost and arm an leg. 

Take them to lunch (pay for the check when it comes), have a decent idea of the area and type of property you’re looking for so you can speak like somewhat of an informed person.They are going to want to know you have money or have access to money.

My most recent business success was building a certified child care center, which was inspired by my 3 year old daughter. 

Just be careful of thin margins because they can turn into losses quickly.

Other evidence may be found in the floor ducts just below the registers (cigarette and reefer butts, hypodermic needles, other), so look before you vacuum and be careful what you touch.Face this head on.