For extra formality, put it on a nice document with your letterhead.Re: Non-Binding Letter of Intent to Purchase Real Property Located at [Property Address]Dear [Recipient's Name]:This non-binding Letter of Intent ("LOI") is submitted by [Your Name] (the "Buyer") to [Recipient's Name] (the "Seller") with the intention of setting forth certain preliminary terms and conditions for the proposed acquisition of the real property located at [Property Address], inclusive of all improvements, appurtenances, and fixtures thereon (the "Property").Purchase PriceThe Buyer hereby proposes to purchase the Property for a total consideration of $[Amount] (the "Purchase Price"), which shall be subject to adjustment based on the results of the due diligence investigations and final negotiations.Earnest Money DepositContingent upon the execution of a definitive Purchase and Sale Agreement (the "PSA"), the Buyer shall deposit earnest money in the amount of $[Amount] (the "Earnest Money") into an escrow account designated by the mutual agreement of the parties.

Get an agent complaint from the licensing authority and then you spend days, weeks, time, money fighting the complaint vs focusing on the business.Also in places like Keller Williams you can get paid profit sharing not only on the profits of the agents you personally recruit, but on their efforts as well, around the country and around the world. 

Generally, you'll need to put a fair amount of money into the lot prior to building the home.

I understand that this money is borrowed money, so I dont want to have it locked in a deal for a long time and pay the interest payments.

I'm debating to just giving the buyer a discount or money back so that he can address these repairs after closing but I just thought if I did these repairs prior to closing, if that would benefit me tax wise.If I put in a new roof and add a new sewer pipe to the property would that have any tax advantages even though I am selling the property in the same year?

I suspect you understand that you are building wealth while losing money each month, so the calculation is not really so straightforward

They have spent lots of money and time thinking of the issues that come up in contracts. 

We've never used hard money or personal loans before, but do have 2 cash-flowing rentals and a primary.

We want CF to be atleast net 10k a month and we are wondering just how we should invest our money.

She agreed but no money was paid.