OTOH, the eviction specialists usually offer pretty low rates for that specific service, but should not generally be relied upon for unusual situations.By your post, you are a noob, so you probably are not starting out with complex, multi-million dollar deals, so the eviction attorney will probably be sufficient to handle other minor contract related issues, and setting up standard corporations or partnerships.

I'm not sure about the state that you live in but in my state, if I give my MLS access and lock box access to someone that isn't licensed and a member, I can get my license suspended or terminated and receive some hefty fines.

Spending too much on an initial operating agreement can be a waste as you may never find an investor to use it with OR that investor may want the contract to be re-worked with changes.My suggestion, and what I've previously done, is basically sit down for a week and do your best to construct your own contract.

Now that you're a posting member, I have a feeling that you'll be spending more time with us than that.

More Pros:With the Option Contract:1) More flexibility if property cannot be re-sold for a high enough price.

As a member I get the MLS access, free CRS access, training at the association and some discounts on business materials.

I have a possible partner in a family member. I

Her response was: "This form is a ______ Association of Realtors form of which I am a member. I

I can jump on a plane tomorrow and go for a month long holiday because I have set myself up for that, as an X generation member (I think that's we are referred to), that's what I consider retirement.

I just want to make sure I don't get in trouble with the IRS for renting to a family member. Is