As long as the financial considerations (rent, utilities, appliances) and ending date are the same, you can change any terms you want to.  

That involves consideration on forming a legal entity that you might have to hire someone to advise you,  figuring out your financing that you pe-qualify for and get a loan letter from the lender that will help you and give the owner a comfort level, and a new business location that is convenient and has minimal distractions.  

I am within my window for a refund and want to pull the trigger if I get confirmation that this isn't as educational as they made it seem.  

It has pros and cons. pros: the liability is within that LLC, I.e. if you are liable in a lawsuit, you don't owe more than the value of that LLC, I.e. the house.cons: might be harder to get financing. also more paperwork.There are more to it, but the points above stand out from most people's consideration.

Tall order after you already pulled the proverbial trigger.

Hello to all,I am new to this forum, but have been watching the youtube videos and following REIA for quite some time now, just never pulled the trigger...which brings me here.  

@Michelle Damiano I recommend that you get some education on evaluating and buying notes before you pull that trigger.

I am finally pulling the trigger. 

Happy to flush through a lot of these preliminary considerations if you'd like to chat!

Welcome to the site Account ClosedMy recommendation to you would be to setup a keyword alert for the term "Turnkey" There are many operators here on BP pitching products that would be geared towards someone in your situation and the term "Turnkey" will trigger the majority of those discussions and offerings.