That means I will be flying in all types of conditions which is good for getting hired:) Also I really like Idaho for the fact that they offer good fly fishing, white water rafting, and bird hunting. 

I'd like to begin with an inspection of the property prior to giving them notice in order to document the condition of the unit and do some maintenance checks on filters, drains, etc.I've included more background below.

I am looking for a real estate lawyer in Charlotte, NC who handles Quitclaims.

I dont mind leaving 8-10k on the table. house was built in 2003... so it's in pretty good condition. mostly cosmetic/marketing upgrades that need to be done. so now here's where Im at. monthly rental income $2400- 5% vacancy $120 - Taxes $700 - Ins $120 - self management $192 =$1268. if I cash out 192k @ 5.5% (that's what I was told going rate for 2 family investment was) that's -$1090 = $178 free cash flow..

Hey guys I am looking for a good knowledgeable real estate and business law lawyer in Virginia, if anyone here has a good referral I would appreciate it.

Also, I worry that macroeconomic conditions are going to cause capitalization rates to start creeping upward and real estate prices to start falling. 

The key there being "reversionary interest," which would indicate that the home buyer owns the land conditionally.Now I'm not a lawyer.

This will be my first investment property.Seller does not want to use agents.So my question is what conditions should be in the contract as far as due diligence?

the best way to do this is to have lawyer write it up. the second best way is to purchase on online (BP sells state specific leases, prepared by attorneys) and you can always make some modifications to it...but the most important part is to run the purchased lease by a local real estate attorney to make sure it and any additions comply with state law

(a) “Common Area Operating Expenses” are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Project, including, but not limited to, the following:(i) The operation, repair and maintenance, in neat, clean, good order and condition of the following:(aa) The Common Areas and Common Area improvements, including parking areas, loading and unloading areas, trash areas, roadways, parkways, walkways, driveways, landscaped areas, bumpers, irrigation systems, Common Area lighting facilities, fences and gates, elevators, roofs, and roof drainage systems.