Just be careful promising your unit 4 days after the perfect move-out.  

Please bear in mind that my credit is still not perfect and is now as it will always be, a work in process. 

Colin,Great advice I did not know that about the seasoning period, of course it makes perfect sense.

This is kind of a perfect storm market for what you are doing.

It seems this approach has been borrowed from business startups seeking venture capital, and has spread to every aspect of business, finance and personal investment.My objections relate to a number of different concerns; that some may use the need for perfecting the plan and it's associated activities as an excuse to delay or even avoid the actual financial and networkng effort necessary to actually acquire a property.  

Hi @Roy Mitle,Although I have absolutely no affiliate with Rocket Lawyer, I have found them to be extremely useful in having very state specific agreements that are perfect for real estate investors.

They are perfectly good words.  

Yes- this is perfectly legal!

This is perfect for us, as a conventional loan would be difficult (if not impossible) and it would allow us a little cash for the fix-up.  

Don't try to have everything perfect.