When I'm in doubt of a potential cost I get the written bid before I even make an offer or while I'm still in my inspection period.

During that time I took note of some important lessons he had to offer.

My mom has no existing mortgage or any form of lien on this property.We accepted a seller financing offer, and are currently under the closing process.

Once we start talking about bigger pieces of land that that woulud appear to developers (i.e. homebuilders or developers who do self storage, medical office, industrial, retail/commercial) then I usually can market to them without necessarily having to put on the market, because I know who the players are in SoCal, and that helps especially when seller doesn't want to do an exclusive listing, but will let you bring offers off market.But in general, for random pieces of land that aren't necessarily for the big developers/builders, you certainly need to put it on the market. 

I'm considering investing in BAM Capital's Fund IV offering. 

I want to know if a sale agreement offering the buyer (renter) the option to buy the home after 12 months a valid/legal contract in the state of Michigan.

The metro Atlanta area offers a diverse range of opportunities, and your focus on buy and hold or fix & flip deals in the single-family home market up to $250K all in sounds like a solid strategy.

But as a disclaimer, I have been let down by a contractor who was recommended so it is not the end all be all if someone is recommended, but it's a start.The problem is, to get the network up and running and continually doing business: That is finding projects, analyzing projects, offering on projects, securing financing for projects, fixing projects, selling projects. 

If it's important to be near the Bay area then maybe consider the Tahoe Reno, NV market because it's only a few hours away if you need to go to the office and it offers a landlord friendly environment, low property taxes, and no state income tax.

if you are going to add value and cashflow the Laundromat, I'd assume that having the business produce the funds from profit to pay off the owner's note would be somewhat straight forward.If the deal makes sense and the cashflow is there I'd think a cary back would be a good way for the seller to get the number they want and for you to bring little or no downpayment.I contacted the credit union in town and they didn’t offer commercial loans.