Does it need to go in a BUSINESS savings account or can it go into a PERSONAL savings account? 

However, I later found out that he lives internationally.His first draft was missing many important terms, such as those regarding lead-based paint, Megan's Law, etc.I questioned his qualifications for this job, and he assured me of his capabilities.I'm attaching his final version here. lease agreementI removed personal information in the contract. 

Just trying to imagine how to compensate for an office, but also when the person uses it full time as a bedroom

We have discussed Sellers Financing with a 2-3 year balloon, i just don't like all the liability being on me and it not being though a bank and just a contract, if god forbid something happens to be at the end of the balloon ,then my family would be in a pickle they couldn't just sell the building to help with the financial burden, and would have no use for the building if I'm not there working.

I just recently found one and am currently under contract on a 3bd/2bth w/ an ADU....been looking and watching the market weekly, if not daily for 8 months.

Do you have any current contracts that have not closed?

Rely upon your own attorney's advice, and not personal opinions from others.  

I really like the equation, though, because it does encourage/provide the idea that house hacking can truly increase your personal net worth and be a better option than for example  (having a relatively higher income in town A but you rent versus lower income in town B but you house hack -- the NWROI may tell you house hack in town B!

You may have a hard time finding a Realtor willing to do that, and savvy listing agents are wary of any contracts that include "...or assignees" for the buyer's name. 

How many investment properties do they personally own?