It needs nothing, as the seller had painted it inside and out, and put in nice quality carpet.

It's not really different than the standard terms that are already in a lease regarding non payment.

A standard contract with no anti-assignment clause can be assigned an infinite amount of times.

The standard local Board of Realtors Contract stipulates that the buyer can change the financing terms provided there is no delay in closing.

One can be an excellent agent without the certifications, or a poor agent with a business card full of acronyms.Aside from the normal qualities desired in any professional -- good communication, reliability, diligence, initiative, responsiveness -- a good investors' agent needs to have a level of expertise that's hard to get in a classroom.

If you rent a property for a few years and then sell, you'll have to do a sale quality rehab before you sell.

I cannot afford another loan from the bank.. with 20k is there any other creative financing that I can use to avoid the due on sale close... people with high equity is very very hard to find.. 2. also if i dont record the "Memorandum of Option with the county courthouse" than the bank cannot find out that i have an option becuase it is just a standard lease right?

NNN and also self storage have much higher barriers to entry than SFR properties.You need to decide if you are open to pooling money with other investors who want to be in that asset class but do not have the total funds to go it alone or do you want to save up more money to buy yourself.You really need about 200k liquid or so to get started with quality NNN.

Quality or grade does not matter.

All he has to do then is complete a standard sale agreement?