If I don't deliver, you have my fee to compensate you for the cost of my delay.For all the contractors out there that are going to jump on me, I have language in the contract to protect me from delays beyond my control.To me, anyone paid on a percentage basis for anything they do, is either underpaid or over paid for for the service they provide.

If you're a FSBO, show both figures and sources however you're able.By giving buyers ALL the info, you let them decide what's correct and help protect yourself from litigation.

With the US elections and the global financial troubles in the news lately, it seems risky to go all in on this venture.

@Holly Williams  I suspect this may be spurred by deals going bad and all of a sudden lawyers get into it and say hey you did not protect our investors well enough etc. etc.REalty shares does a nice job FYI  you may want to look into their debt deals.

I have been in manufacturing for almost thirty years and I feel I need to make a move toward financial independence. 

I don’t know your financial situation or how much you earn a year – but may I assume that an extra $10,000 per month on a continuous basis would free you from your slave wage job and give you the courage to do real estate full time?

But not sure of their exact financial situation, because they didn't feel comfortable sharing any more details than what I have.

Right after you close get an insurance policy that protects you if there is a loss. 

You can charge the person that is buying the option agreement th 3-5% option consideration fee, but the legal fees and other costs that are there to insure your protection, is out of your pocket, since it is your option to use those services.

I always go to view the properties and meet with the property owner or person handling all paperwork and financial responsibilities on that particular property.