Just as a highlight, the property has fire damage, was there insurance in favor of the lender which covers such damage and will that claim transfer to you or should some of those proceeds be used to demolish and clear site or clean up site; will you be indemnified for any future liability if not, etc - point is, I would worry more about your not so common deal rather than trying to find sample contracts of more common deals.  

Some make sense to me to add because it'll make my work faster.

Does this make sense?

There ARE 4-plexes that make sense here, but most are management-intensive and do not appreciate.

It does not require lawyers and is a common remedy for chasing tenant debt.If they are responsible individuals a small claims charge on there records will prevent them from getting loans, buying anything on credit or time payments etc.

We are having trouble finding any property that meets the 1% rule, or any numbers that make sense to us for that matter.

Hope that makes sense!

In that case if you only make 5 Net Cap rate the deal would make no sense.  

Hello,I am a first time investor looking at a 3 family investment opportunity in Dorchester, MA (not the nicest part of the city, but cash flowing is pretty common - a lot of subsidized housing).

;)Guess from mgt that makes sense to use the LLC to invest instead of a trust due to the paperwork.