Expect to pay a little more for the property but If it is a duplex most likely the rent would cover a good chunk of the rent.

I also have an umbrella policy covering my basic assets.

I'm an agent in Westwood, MA and cover many of these areas you are looking for. 

I do believe you still have to go through with the eviction just to cover your butt just in case.

. ($283,000)If I were to put it under contract I would offer the following: - buyer will pay off the balance of the note ($295,000)- Seller will receive $275,000 in cash because buyer will cover the rehab cost to receive the Gross Potential Monthly Income- Seller will split the closing cost 50/50 with the buyerI would love to hear some input from the BP community.

I want to grow beyond covering all my bills and having a little spending money.

Yes you can do well in the summer, that is true but covering the mortgage will be a goal in January.

In theory this would allow me to buy the land and him to cover my down payment and allow me to keep my cash reserves.

Will your activity be covered by your E&O insurance?

What kind of lawyer do I contact if I need to get legal representation?