The information contained in this post is not to be relied upon.

These clauses are contained, in all Promissory Notes nowadays.

This is due to fear of liability on the part of the escrow agent, so you should never enter an agreement expecting the release of escrowed funds solely based on the directions contained within the sales agreement. 

The information contained in this post is not to be relied upon. 

It contains 21 true stories of what NOT to do when investing in real estate and flipping houses.

For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general, analytics, and investing in Las Vegas in particular.Before proceeding, note that the charts only include properties that fit the following criteria, unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.Regarding the overall Las Vegas real estate market inventory:The chart below, provided by the MLS, includes all property types and price ranges.

If they have skin in the game ensure there is language in the PPM that keeps that 'skin in the game' there until a refi occurs, or that the PPM does not contain language to allow the sponsor to pull his money out as soon as the deal closes before LPs can.

2) Does it contain any additional language/terms that say something like "Inspections for buyer's information only"?

As far as culture that would attract millenials, Hampton Roads has military bases, shipyards, ports, shipping containers, etc.

In that pocket, Lancaster Ave is a pretty hard border that, when crossed, can take you into Prince of Bel Aire territory of West Philly. 19104 I believe in the zip code that contains all those neighborhoods.Hope this helps!