They have their own addendum to the purchase contract just read it they give you a inspection period to back out reference that paragraph on the cancellation form.

I have a wells fargo rep that can refer you to someone if you'd like.

Reference SOS documents and summarize your 'deals' and I'm guessing it will all work out.

Mapsco, online, poster on wall....what do you guys use to refer to zip codes for marketing purposes?

Happy to give you more links and/or information if your interested, I've been part of lots of them.Here is the link to the one Gerald was referring toohttp://www.meetup.com/SnoCo-Connected-Real-Estate-Investors/

Marie Poe gave you a great example.When I approach this type of situation I like to have more in depth info before I propose solutions to the seller. ( sellers expectations, wants & needs, current rent, market rent, expenses, existing loan balance & terms etc.)It would be cool if this transaction could be done using your IRA (or someone else's) to buy an option.

@Andriy Boychuk,When someone try to advise you on the note laws make sure you ask for references or better talk to a lawyer.

Since you are not financing the sale, the seller financing issues you refer to are not yours.

Nevertheless, in response to commenters' requests, the final rule provides a non-exclusive list of methods that issuers may use to satisfy the verification requirement for individual investors.The methods described in the final rule include the following:Reviewing copies of any IRS form that reports the income of the purchaser and obtaining a written representation that the purchaser will likely continue to earn the necessary income in the current year.Receiving a written confirmation from a registered broker-dealer, SEC-registered investment adviser, licensed attorney, or certified public accountant that such entity or person has taken reasonable steps to verify the purchaser's accredited statusThe underlined/bolded item above leads me to believe that this guidance is only for reference and one can do their own, independent process provided it is reasonable.

I'll surely refer back to this post as I try to sort things out.