This will include, but not be limited to the transaction not being closed because Seller is unable to complete the transaction for a qualified Buyer, or because the property does not appraise for an amount sufficient to enable the lender to make the required loan, or because Seller elects not to pay for the excess amount in paragraphs 4 (with respect to repairs), 9, or 11, or because the zoning is not as required in paragraph 16 or because Seller cannot deliver marketable title.6.

Our application fee is modest ($20.00) as it is only meant to mitigate the cost of the credit check and wee out the tyre kickers.

Begat he meant was that in your primary residence he will allow a mortgage on a 15 year when the amount is no more then 25% of your monthly income.

Sorry, I meant to say that I am NOT bringing any pets or girlfriends with me.

"Real" materials mean better longevity, not to mean better rental rates and renter satisfaction.Cal C,I meant in places like bathrooms, laundry rooms and even kitchens.

That is what's meant by "farming" an area right?

The lease says it is a "net, net, net lease" but they never defined what that meant and now we are fighting over who owes what for various items.As far as your delivery date with penalty, I have done many deals where the delivery was "no later than ________" - this allows delivery sooner -- might look into that for your deal so you can get rent faster after completion but still allow time to avoid the penalty.

I assumed she knew the general plan, but obviously she didn't.A rezoning application is $15K, and I was told there would be very little chance it happens because the neighbors would fight it like hell, and the city officials are also elected by them.There is a chance to rezone it....but it would have to be with by the person who has architect plans and wants to live there.

There is plenty to search on this topic, but yes an LLC makes sense, and for flipping/wholesaling you should look at electing to have it taxed as an S-Corp and doing salary splitting to minimize self employment taxes.

And the secret to getting on the board is to gather proxies from as many neighbors as you can, because few will attend the election meeting.