But you generally don't want to use legal docs from other parties without having an attorney review for your protection.

It's fair as it protects buyers without slamming seller. 

We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Figure out a way of telling him how you’ll protect his pockets by him selling it directly to you with terms.

I think ensuring the numbers work as a furnished 30 day or long term rental is a great way to protect yourself.

If your definition of "certain people" violates a HUD protected class, then that is discrimination.

He is a licensed contractor with good reviews and referrals.The Owens Corning Platinum Roofing Contractor proposed $17.5k for the whole roof replacement with Owens Corning Duration material, 10 yr transferrable workmanship warranty, and transferrable Platinum protection limited warranty ( Lifetime of workmanship warranty with coverage reduced after 25 years based on the age of the roof).From an investor standpoint, what would add more value to the property?

Decided to buy it under the LLC for the liability protection.  

That way (theoretically, my entire portfolio of notes and equities are protected from inflation, and I still get a great current yield, about 14% on the note portfolio, and 8% plus appreciation On the equity part.

I feel like I don't know these agents well enough or their expertise to commit to one this early on.Please advise, and if you know of super star agents in Dallas or wholesale agents, please let me know.