I don't think it's that, I think it's people are too used to corporate life and aren't used to the efficient nature of real estate investors when they bear down and get to work.

Must be incorporated.

The reason I prefer to use an option contract over a land trust in a short sale, is because the seller is a natural person.

You can file a DBA or assumed name with the county normally but really your name isn't going to have much protection until you formally incorporate it into an LLC or other entity.

You can drop me a line to work this out if you like at [EMAIL REMOVED], It can be incorporated into a swap agreement.

Maybe there could be a way to incorporate the already in place Company Directory somehow?

Attorney fees, trial and error, devising strategies and risk reduction techinques that are incorporated in your contracts has real value.What's it worth to have construction crews, maintenance people and managers in place ready to go on any deal or transaction?

I bet an air drop of porn featuring arabian actresses naturalized into the US would get their minds onto other things than being jihadists.

If anybody can suggest (or delete) other points I'd be grateful.This is really for 1-4 unit residential properties.Pre-Buy Checklist1) Demographics, ages, percentage of renters to home owners, incomes, type of jobs, type of renters2) Job centers, taxes, services, fiscal solvency, construction, renovation, land use laws, civic pride, gentrification3) Sales and rents trends, cap rates 4) Transportation, freeways, congestion, public5) Vacancy rates6) Property taxes, utilities increases, growth corridors, nearby office construction, replacement costs compare to new construction, 7) Growth in jobs, economic base, and population8) Weather patterns, natural disasters9) Building: architectural styles, materials, purpose built or conversions10) Established rental management companiesPurchase Checklist1) Inspections: property inspector, structural engineer, pest control expert2) seller disclosure statement, 3) statement of income and expenses, sellers IRS Schedule E4) Lot size and value5) Verify code compliance6) deferred maintenance7) space, view, natural light, noise8) Personal property & fixtures9) All co-owners present10) Site boundaries 11) Improvements 12) Clear title13) Deposit conditions14) Condition of property15) Escrow credit for repairs, 16) pre-closing casualty losses 17) Settlement costs18) Dates of closing and possession19) Tenants leases and rental info and their property20) Contingency clauses, environ, hazards21) Insurance22) Read all leases, check for rents levels, concessions (one month free rent etc), who pays utilities, yard care, snow removal, furniture and appliances, duration of leases, security deposits. 23) Ask tenants to confirm their terms of lease.

I have dealt with W&W several times, 2 were accepted, 2 rejected, just nature of the game.