Maybe more experienced investors than myself will add value here.IMO all business deals are well outlined mutually beneficial contractual agreements.

The escrow instructions outline what to do if both parties perform or default.  

Here, I will outline the process.

(NOTE: an LLC provides NO tax savings as it acts as a pass-through entity.)If you are looking to create a business with outside partners, an LLC and it's Operating Agreement may help define the roles and responsibilities of the members involved but won't provide any tax savings unless you file as an S-corp (more on this below).However, if you choose to transition into real estate as a full time investor there are many more complicated arrangements that can provide additional legal protection AND tax savings.Here's a quick summary of how we have our real estate business legal structure outlined:

With the outlined steps and strategies, you can overcome the fear and stress associated with finding tenants for your house hack.

Buyer side tax stamps are $7.50 per $1000 - if it was a foreclosure or bank owned sometimes the buyers pays them all - but that should have been agreed to in writing before the closing - it should be outlined on your closing statement

He does have a contract that outlines most of this stuff for me to sign. 

Hey @Aaron Mostoller, late to the party on your thread but here's a map I made last year outlining the markets in Hocking Hills, how many active rentals and marking out the main attractions. 

You really need to interview agents to see what each brings to the table and outline your expectations.

One of the primary reasons for the walk through is to make sure everything agreed upon in the inspection phase of the deal was done the way it was agreed upon.Even prior to the walk through the seller is supposed to provide the buyer with paid invoices from contractors that outline the work that was done to satisfy the inspection finding.