I don`t have a lot of money to play around with, and am acomplete greenhorn at almost every aspect of RE, but decided to get my toes wet and see if I could dust off my long-unused talent for picking winners and profitable money-makers, as well as my negotiation and sales skills, and take them to the next level, and applying them to RE.To that end, I made a small start to test out these unfamiliar waters, and bought a small, buildable, river-view lot (w/all utlities at lot)last month, for the price of a cheap used car.

Some are just related to the fact that you are not sure what the future will bring in your own life and this is normally a multiple month or multi-year commitment.

t=15062

The measure of a good partnership agreement is not what happens when everything goes as planned but what happens when the proverbial sh*t hits the fan. 

Originally posted by @JR T.

What kind of t-molding (?)

If you're getting a loan for the purchase your lender will also want an appraisal before committing. 

Originally posted by @Eddie T.

You have a couple issues with this, but it sounds like it can be done without mixing the two concepts.I wouldn't sign a lease until he is qualified and committed.

Work on getting the seller to commit to a price of 450k or somewhere around there so that you can put in some money and still maybe have a little equity.Find out the real motivation of the seller and show him or her how you will relieve their pain.