Yes, the whole idea of having a transfer title held in escrow with instructions regarding its release, is so that you don't need any further steps to be taken by the seller when you're ready to close.

Hey all,I am trying to practice analyzing out of state real estate investing and I was wondering if I can get your guys’ feedback!

@Omar Khan I have a therapy practice that fully supports our family.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

Sometimes when your in the situation its hard to take a step back and analyze adequately.

What would be your next step for that second property?

I have a few leads now but next step is finding a private lender.

My ideas at this point are to remove the deck and make the room areas a step down, and recreate the deck later as stairs to access. 

While learning I would Practice analyzing deals. 

There is an unfortunate practice now of "appraisal management companies" shopping for appraisers by price, going with the lowest bidder and taking a huge cut of the profits.