The parties generally enter into an Exchange Agreement (not a 1031 Tax Deferred Exchange Agreement) that addresses how the transaction is going to be structured and consummated.   

Did the gap exist when she looked at the home, applied to rent it, and then signed a rental agreement? 

Something where I could offer to acquire his property now for some sort of agreement and then a balloon payment in let’s say two years.

You should also consider there will be owners who will consider going somewhere else soon after your takeover, or as soon as their agreement expires, so count on some loss. 

For you, I'd just hang on to that appraisal and put that into the P&S agreement as well.One more thing to cover your bases (not tracks :), Make sure your accountant sets up the basis for each property the same way with your 8824  and you'll be fine. 

Thus, you need a debt agreement between your LLC and partnership.

What forms are necessary for an agreement to wholesale a mobile home?

I am closing on my first duplex next week and as a pro member I am planning on using the Bigger Pockets lease agreement.

@Juan Rajo you can use a purchase agreement with the seller - go to Jerry Norton on Youtube, the Wholesaler Contract pack. 2) yes, tell the investor that you are a wholesaler.3) yes, you will need a assignment contract and that will be included in Jerry Norton, Wholesalers Contract Pack. * Have an attorney review the contract to see if they are compliant with your State and local laws.

Fill out a purchase and sales agreement for cash with the seller.