Again, this is somewhere you'll need to be buttoned up - commercial mortgage brokerage firms (full disclosure, I own one) exist for this reason.

It states that he can break the lease at any time under these conditions… 1.He forfeits all deposits2.He must pay for all costs to lease the property to a new tenant (i.e. posting fees, rental signs, etc.)3.He must pay full rent until its leased again4.He must pay ½ months rent in an early termination fee.If it comes up again I intend to offer that to him as an alternative.There are about 9 months left on the lease, not sure why he would want to lose the entire deposit to go to another location an pay a new deposit and a pet deposit.

Hi,

As I’ve mentioned on a coupld of previous posts, I’m very interested in 1st position, performing mortgage notes....especially notes in Texas. I am trying to find a reputable note company that will walk me throug...

Highly recommend them and they're very easy to work with and can tailor to your needs from full hands on with all repairs to just managing and letting you deal with that aspect.

She has a full time job and we have 3 kids, so I found other things she enjoyed about real estate to get her involved (and talked about it constantly).For example, I found she loves looking through the MLS and driving for dollars together, so I really latched onto that. 

Hello BP Community,    I'm getting closer to leaving my day job to pursue Real Estate full time.

Almost all had another full time job found a niche and want to manage their own schedule.If you think you want to try it getting a realtor license could be your first step understand the laws and tools.

I have a full list of contractors who do all my work, a handyman in town, and we do much of our own work (and we enjoy it). 

That doesn't mean you shouldn't do it, but you have to do it with a full understanding of those effects, particularly how they impact your risk profile and the flexibility you have for dealing with the unexpected.

Keep in mind, this is 2 full sized duplexes on one lot.Owner evicted previous tenants as they were giving her major hassles, plus she lives out of state and didn't have someone nearby she could trust to take care of business.