I’ve prepared a rather detailed operating agreement that outlines expectations for everyone.

Please note the first paragraph in the “Third Party Addendum for Credit Approval” where it explicitly states the following:“If Buyer cannot obtain Credit Approval, Buyer may give written notice to Seller within 20 days after the effective date of this contract and this contract will terminate and the earnest money will be refunded to Buyer.”This clearly outlines the time frame in which you had in order to complete and obtain Credit Approval as well as whom the release of earnest money would go, should you not be able to obtain Credit Approval within the agreed upon 20 days.

The terms and conditions that will set you up for success in LL are before you ever sign a lease based on screening, deposit, and expectations outlined to the tenant, and then later on you maintain that control when an issue arises.

Do you all have a written business plan that outlines how you are going to reach your goals?

You mark up the price for your profit but theoretically leave enough equity for the end investor to make a profit as well.Of course I'm leaving out details and variations but I think that's a rough outline.

Maybe a loan person wants to chime in and outline the possibilities of financing every single loan type possible  on all property types listed above for every single borrower type, credit, character, etc that the OP could be?   

It will also outlined the effort required to evict (remove) a tenant if it becomes necessary.In addition to validating the accuracy of your analysis, you should compare the return to that available to you through other vehicles of investment (stocks, bonds, etc) to determine if the added workload and risk associated with being a landlord is sufficiently rewarded.

Your structure as outlined above, I can agree with, by having the LLC controlled by a Can corp will allow you repatriate earnings whenever you choose.  

I follow up those visits with emails to the managing broker outlining the benefits of the service and asking for an in-person meeting.Craigslist - I can work with agent in any market, so I've started putting up postings in the "real estate services" ads in other cities (though CL seems pretty hard-nosed about multiple postings!)

I had a one page contract that outlined how I would be paid on the 2nd closing within 24 hours off the net.