Instead the agent amended the agreement to include verbiage that gives me the right to cancel at any time with a simple email and no penalty.

man, these clickbait titles, tho... that blanket statement doesn't work every time, you are correct. i ran some numbers on a home with a purchase price of $145k (mls, so the price is obv high(er)) that needed about $35k in repairs to make it nice for an arv of $225k (conservative). profit came out to be about $15k (after closing, carrying, etc.). roughly 20% return on cash outlays (dp, cc, repairs). rent would've been about $1700/mo on this one. refing it @75% would leave me 20k in the deal with about $200/mo CF.

I'd prefer to just purchased this foreclosed home AS-IS and not have them Renovate it.Any suggestions on my presentation in the email, should I let them know I"m a Realtor or just initially inquire about purchasing the property without renovations?

If you acquire an underperforming one, increase revenue and fix the fundamental issues, I’m sure that you can then show a bank your operating statement and get a small business loan but I think with a small business loan, the money provided is strictly for use within that business.

when asked for POF simply copy your bank statement showing the cash in there .. easy as that.Keep in mind helocs can get frozen in a down market.. read the small print.

E-mail them to [email protected] and  hopefully they get sorted out correctly.

Then it has an owner statement that the rights given to the owner by the agreement are cumulative in addition to VA laws current or future any statement or promise won't be binding unless if it is in writing.one other part is default stating any violation will give the right to evict the tenant and take possession of the residence(same process as VA law)they stated they will take legal action, did claim rights on this agreement are cumulative to the law however VA 225-55.01 does state you can opt out however and you have to expressively opt out of VRLTAIm not starting off the lease by stating to take legal action if rent is not paid and stating the rights of this agreement are cumulative in addition to the law. it is contradicting by saying any breach or violation of the contract in the default section will give her the right to terminate the contract evict and regain possession(does not specify any time frame) To me this is not clearly expressively opting out of VRLTA because she still has those rights under that act by following the VRLTA process.

Names, addresses, phone numbers, emails.

I don't know if I would have gotten my license without my Principal Broker emailing me 2 or 3 times a week with encouragement and giving me the tools he did.    

This tenant has had problem in the past and was always responding quickly to email or calls, but he seems to have a new "strategy": he no longer answer emails, no longer picks up phone.He did not answer 24h notice posted on his door.