I run my business under the umbrella of Keller Williams with few restrictions. 

Hi BP experts,Long time lurker, first time poster.I have a gentlemen that responded to my direct mail campaign and we came to a verbal agreement for me to buy 4 pieces of vacant land from him. 

I would be very careful about the HOA fees if they are in the rental property... a lot of those HOA boards are just guys on power trips that may have a lot of restrictions or add new fees suddenly that will kill your cash flow.

I cannot see us talking about investments that we would all be competing for, or discussing a mail campaign, etc. 

And bypass all the restrictive L/O laws here in NC. 

I will also be sending out a direct mail campaign in the next 2 weeks, so let me know if you would like to be added to my contact list when I come across a property deal. 

The next step is setting up an LLC in order to purchase the property in order to avoid the short sale restriction of having to wait 90 days to transfer title, but I want to have all the details ironed out before doing so.1.

Any restrictions on the property?

The seller is violating the contract terms by trying to impose additional restrictions that are not stated in the contract.  

I spent too much time explaining the value I bring as well as the time and money I invest to find, research, marketing campaigns, qualifying the buyers situation and evaluating the deal before I make and offer...I believe my time investment is worth a reasonable assignment fee since, Ive helped the seller get out of a property that is a burden and I've helped a rehabber to find properties they will profit from and employ people with families.