Little inventory in the pipeline spells a few more good years vis a vis increases.

If the tenants is on month-to-month, send him/her a lease termination notice and give 30 days to vacateEssentially it should be spelled out in your lease

I would carefully spell out this risk and use disclosures.

Look into two books written by Mark Kohler, he spells it all out.

With that setup, you have an option to lease option with the owner that spells out the process & the numbers.

Fully occupied and no repairs doesn't spell motivated normally.

The fee might be spelled out in there.The sellers side usually covers the commission but it's not always the case.You could have a buyer broker agreement stating the broker gets 3 percent and if the listing side only pays 2 co-op to the buyer broker you are liable for the other 1 percent.There is no standard commission.I can tell you though on average I see 6 to 7% and on some commercial and land listings up to 10 percent.

Probably spelling too.Don

It very well may be, I don't know how else to describe them, dumb, stupid, lacking of intelligent thought, sub par intelegence all are "derogatory" in some form in my book so it really doesn't matter how you slice it, I'm no genius either so I don't mean to sound like I know it all either as i cant spell to save my life.

Jerry,First, it's not often I find another "Gerald" who spells "Jerry" with a "J" like I do!