I was almost trying to keep it vague to elicit more responses, but I guess you are correct-something a bit more descriptive would have elicited a better response. 

If you point me towards a description of this transaction, I would appreciate.

Sorry for the long description but this needs some explaining.

Date is the date of the payment or expenseAmount is the dollar amount  Source is who the payment came from (tenants name) or who the payment went to (vendors name)Purpose is the nature of the income (example July Rent) or the description of the expense (example July Electric bill)Type is the category, so for rent it would be income and for other things we use tax categories (advertising, supplies, repairs, etc.)Property field is the address of the propertyWe also keep copies of all receipts and give that to our accountant along with a copy of the spreadsheet.

If this is the case - then yes, I completely agree with your description: she exercises her option and immediately closes on the second part of the deal.However, I do not believe that she can even ENTER this arrangement - until she exercises her option.

Feel free to shoot me a PM with the addresses you're looking at and I can give you a more in depth description of the area.

The judge literally laughed when I handed him a binder with photos, each receipt, each description of the damage, and the tenant-signed final-walk-through report.Still, it took me several months to fix the place back up and get the judgement.

I'm helping out another investor that want to hire a virtual assistant:What should I put for job descriptions?

I can add many properties to the same security instrument by simply providing for the legal description within the security instrument and then perfecting my lien by recording in public record against each property.

Provide them with the info needed, including property address, tenant name and contact info, and description of problem.