Effective communication, detailed contracts with specific timelines and payment terms, and regular progress updates are also vital.Additionally, we now have a contingency plan in place, which includes having backup contractors in mind in case we need to make a change quickly.

Here are a few possibilities for "OR" in the context of property transactions, though the specific meaning may depend on the local property records or auction terms:Owner's Representative: This could indicate a transaction or document was executed by the owner's representative, such as an attorney or agent.Official Records: Sometimes "OR" might refer to the recording in official records, indicating the document or transaction has been recorded with the county or appropriate governmental body.Order: In some contexts, "OR" could represent an order, possibly from a court, related to the property.

We're just using the Illinois lease that BP puts out (https://app.box.com/s/r0b3spxpse7jc0qe42tz95f056yand9h), but I can't find any specific penalties for early termination in there.

If you anticipate negative cash flow initially, consider how you plan to address this situation in the short and long term.Before making a decision, it's advisable to consult with a real estate professional, financial advisor, or accountant who can provide personalized guidance based on your specific financial situation and goals.

Specifically Draper or Lehi areas.

This way people are specifically and equitably compensated for what they contribute both in money and in work. 3.

In short, it makes economic sense on your residence, in very specific and controlled conditions. 

While they are not specifically midterm rental leases, they are specific leases for people that are staying 30+ days and that is what you really care about. 

Once you have this team in place, you should be able to invest in any market confidently.As for picking a specific market - I would go after one with an increasing job and population growth.

If you have any specific questions or need guidance along the way, feel free to reach out.