Contract, contract, contract.

understand her tax implications. an installment contract may be best. what about heirs?

Do you have a contract drawn up and checked by the lawyers of all parties involved?

@Adam Fansler we found one that we signed a contract with for the 3 homes we bought, we are in the process of renovating the first one so we'll see how we like them, thanks for the additional recommendation.

I am under contract on this one and look forward to adding it to my rental portfolio.  

My focus is civil litigation, especially RE contract disputes. 

I'll drop that property personally or sell it on a land contract to another investor at a mark up or lease option it to the current tenant. 

_____________If Yes, please provide a statement from a health or social service professional indicating that you have a disability and explaining how the animal is able to do work or perform tasks that alleviate one or more symptoms or effects of your disability.If No, please provide a statement from a health or social service professional indicating that you have a disability and how the animal alleviates the symptoms or effects.Please attach statement with any additional information and contract information for the professional completing the statement._______________________________________ _______________________Signature of Person Making Request Date_______________________________________ _______________________Signature of Person with Disability Date

I have been doing the A B C in my purchase contracts for longer than I can remember.. starting in the late 70s  .A  CashB  cash and seller financeC  cash and 3rd party loan.D  Sub too.. but for me I would not buy sub too unless it had substantial equity I always wanted room in the deal no matter how I bought it.. 

All that is required is written notice of your potentials but we strongly encourage that you have your new property actually under contract during that time to mitigate some of that risk.It's even perfectly fine to have the new property under contract before the old property closes.