Draw JV agreement with seller outlining who pays mortgage and fees, if the property will be vacated, etc. 4.

BuyRenovateRentRefinanceRepeatThe B in BRRR stand for buy, but it doesn't specify or outline how.

Do I outline things like preferred length of due diligence, certain contingencies, etc?

Its now a foot race to all the outlining suburbs. buying up all those trac homes.

The rest was a brief outline of future projects I look forward to.

Regarding those bids of $325K for the rehab, were they provided from the cuff, or in response to a formal narrative Request for Proposal (RFP) outlining the project expectations and requirements?  

@Richard Nash Was there a contract in place, something that outlines the specific terms and agreements for the transaction?

I have read a few of his books they are informational but seem to be a pretty vague out line and I am the kind of person that needs to details.

Well for starters you should always get a copy of the lease, you have no position to argue if you don't.The lease will outline who has the right to enter and for what reasons.

Isn't what he outlined basically what you do when doing "comps" - Find a property of interest, and see what houses in that subdivision or zip code have sold for?