I am not 100% clear on NY, but you cannot form an LLC at that age.

However, I don't know anyone that will cut a check by monday for a million dollars. ;-) They have no clue who you are and aren't going to risk losing a cool million.

I just closed on the selling of my first house yesterday, here are the stats: Bought: March 30th, 2015Sold: November 14th, 2017Purchase Price: $57,500Selling Price: $77,119My Cut: $20,534.12I bought the house when I was 20, lived in it the entire time, and did nothing to it as far as adding value (example: remodeling).

2) I will be double-closing on all of my deals, do I have to submit the PSA to the title company prior to finding a buyer so that they can research the title first to make sure it is free and clear?

I have seen realtors say that they don’t trust those sites and to me, they see it as a clear threat to their profession and to the holy realtor.com website.

I guess I wasn't clear if you are the Buyer or Seller of the Lease to own example.Sellers profit by taking a down payment from people who don't traditionally qualify for a home loan.

So basically the hurdle of "will I make enough the first year to pay the mortgage" won't even be an issue, the land is already owned free and clear and we can  "buy it slowly with profits". 

We issue Notices to Vacate on the 7th (first time offenders) or 2nd (repeat offenders).In our lease we are clear that payments from the tenant are applied to the oldest amounts owing first.  

I have had a few tenants through the years who clearly never intended to pay rent once they moved in.

Are there any easements cutting through the property?