At the moment it is not producing an income, but could potentially produce more.

If you have all the information, a RE attorney can produce the simple one or two page document that you need in 10 minutes.  

I want my first investment to be real estate as it can produce monthly income.

Because the tree is 60 feet away from the house, I know for a fact only top part of the tree will hit the house, not the main body of the tree.

Adding language in the body of the contract clarifying assignment that states something like: "The has the right to assign this contract without the consent of the seller" is the strongest clarifier the buyer can have.

That said  the reason I’m ready to transition is because I’ve seen too many contractors lose it all when there body gives out. 

If IRR falls below the required rate of return, the project should be rejected.Now, the real world definition:IRR is the rate of return produced by investing equity into a development project at the beginning of a project's investment cycle (this could be cash used for predevelopment costs, land close, and funds for construction) and getting repayment of original investment plus yield on the invested capital at the end of the project.

What are you putting into your body and who are you following?

That's a pretty decent discount given the pay history, and should produce nice mailbox money.

The timing is interesting as I had just began listing to both of the podcasts Bigger Pockets produces.