Having said that, you don't necessarily need to be in a formal relationship with them (or even call them your "Mentor"), but you do need to have them.I currently have two mentors.

However, I would offer her the option of staying up to 60 days after her lease ends March 1 , since she has been there 10 years.Anybody know if there is a formal non-renewal lease form I should send, a regular lease for 2 months, or simply a written letter of my own ?

Beyond just formal qualifications, it acts as a key, unlocking doors, education and opportunities in the industry.

If you are a private lender, does your private security deed have the necessary power of attorney language and waiver of borrower's rights to allow a non-judicial foreclosure?

I will be creating a formal event on MeetUp.com.

If they don't pay after receiving the email, we would mail/email and certified mail the official "pay or quit" notice. 5 days after formal notice, then we could start the eviction process.

For all those BP'rs on the boards that earned their MBA on the streets and don't advocate for a formal education--I have to say it would be hard to overstate the impact it can make in a professional career (real-estate or otherwise).

For folks who are middle of the road on their FICO score, it is probably worth formally looking at the credit as that can make quite the difference. 

Usually they will provide an estimate or change order, not an entirely new contract per se, but yes, you would have to agree formally to something. 

Hi Frank, Here are some limited suggestions: -Draft a formal property management agreement between you (as the manager) and the LLC.