You get a 1st lien position on the property, demand note, a JV agreement outlining duties and responsibilities of you and your partner (more his responsibilities to make sure you get paid back), and have him add you as additionally insured on the insurance policy.

Agents come up with practices consistent with being fair to both sides of transactions, as well as real estate brokers promulgating policies consistent with that. 

Defiantly get rid of them by February 1st if you legally can otherwise aim for March 1st.

@Andrew Johnson My responses have primarily been aimed at folks just blanketing that since an agent doesn't want to show a property because they'll only make $500, they need to be dropped.

This seems silly, but I have heard horror stories of investors who made this mistake and the property was foreclosed on because the old owner kept the cash instead of making payments.3) Make sure to get a very thorough title check and a title insurance policy.

I do however, have a very flexible late policy because they don't always get hours during holidays, etc. 

If this was in my state the first thing I would is order a title insurance policy to check out if it is legitimately yours. 

The Justice Department has made it clear in repeated court filing that they do not have a policy not to seize assets in states that claim to have "legalized" marijuana.So at any moment, they can do it.Pop quiz how many states that have "legalized" marijuana voted for Trump in the last election?

We also aim for the E-5 to E-6 tier or young commissioned, using the BAH tables as a starting point for what rents to charge.

Those standards cannot violate either Fair Lending or Fair Housing standards and those require additional written policies and procedures.