I've noticed these things are consistently most cost efficient through the title company and many times it is boilerplate language that they use over and over again. 

I am not paying the $500 annual fee on VRBO as officially that doesnt make any dif in the ranking of your listing but I am starting to wonder if that is really true....?

Theres is no language included stating approval, satisfactory, etc., but only that an inspection should be done.Thoughts?

@Michael King - Natural causes is the official version.

The terms will arrive once you're officially approved when you sign the closing docs.

There are agents out there and for sure not on BP that do not have a clue on rental properties or that passive income is possible in real estate I hope I do not get anyone upset but in my years of experience it was hard to find an investor agent I found a few and with those agents I bought my best properties long story short I became an agent for myself but since I knew so many investors some of them jumped on my wagon and help them till this day because we speck the same language.

If the ROI numbers still make sense, then Make an offer officially- by step 6Step 6 : Have a Purchase and Sale agreement drawn up for you, make sure it has an inspection contingency and or finance contingency, involve an Attorney at this stage and have a title search conducted. open escrow with an Earnest money deposit- Do not give the seller the deposit, keep it in escrow.Step 7: Get a contractor to properly walk through, estimate /quote repair costs .

I recognize the language though. 

If its the same LLC, I'd check with the bank lending officer first, but usually not a problem since that means more pockets for the bank to go after if you default.In general, the partners in a LLC are joint and servable liable (i.e. each partner is individually responsible for part or all of the debt) unless you had some express language, but a lawyer needs to answer that and how your operating agreement is written.I guess a bigger question is why let him share in profits, but not potential losses?

English is not their first language, is it appropriate for me to contact the tenant's renters insurance agency directly?