I came across Bigger Pockets and was instantly intrigued, not only by the way they explained real estate investing to a newbie, but by the challenge it can create creatively and mentally.

Same place you file paperwork to form a corporation is usually where you get the forms and instructions to create an LLC.  3) Again, the formation of your LLC is at the state level.

We are now in "search" mode, we have created various versions of our own Cash Flow calculators, Cash on Cash calculators and have determined our goals for what we would like the house to produce in order for it to be something we would like to consider.

It gets you super familiar with your area, creates cheap leads, and can be repeate.

What I wrote above does not create an attorney/client relationship between us.

The transaction is really the SDIRA creating a note for the buyer, and not buying or selling the underlying property.

I am trying to put my mindset in a stance of "how can i make this work" instead of "this won't work, insert limiting belief"I'm the typical newbie investor, spent most my money trying to create a social media following.

Are you implying that a "RELEASE OF RIGHTS TO POSSESSION" form would be sufficient, rather than terminating the lease and creating a new one?

Appreciation, forced and organic, has created the bulk of my wealth and I don't invest in a cf market either.

I am not an attorney and this is not legal advice (which I strongly suggest you seek before creating new lease clauses).Is it illegal to put this in your lease?