Make sure you get that from the previous owner and have the tenant sign a letter stating the amount given.Get a copy of the lease or have them execute your lease as soon as you take over.Any pets?

(a) A potential seller may not execute an executory contract with a potential purchaser if the seller does not own the property in fee simple free from any liens or other encumbrances.

Quite a differentiator from the hoards of the clueless "see you at the top" newbies that spout BS and can't execute. 

I like to formulate a plan and then execute that plan with the understanding that you always need a plan B (and maybe plan C).I'm currently spending my time reading and researching whatever I can on real estate investing which is how I came across BiggerPockets.com.  

Does anyone know of an accountant in the Denver metro area, that is good with tax planning and execution for RE investors?  

I'm getting ready to execute my mMarketing on finding potential home sellers and I am getting ready to start making calls to home owners.

Each contract is different and what a person agrees to they need to understand it fully and how it should be executed.

Gut rehabs seem to be a no brainer but I can't seem to develop a model to identify, contract, and execute a project.I'm currently sitting with a stalled project due to a relationship gone wrong with a GC.

@E J Howard I have used the rental property calculator for many different scenarios concerning this one property and I have gotten a good idea of a maximum price, but will shoot for the lowest possible.

Brain Trust:We're rehabbing a kitchen at 9300 N Laurel Rd, Laurel, Maryland (Howard County).