However, the lawyer will have the best legal practices in mind for your local situation, including compensating the tenant for inconvenience, relocation costs, or whatever.

Anyone put this into practice?

One had some practical experience, lived on a farm, but the other three knew little more than which end of the hammer to hold on to.

Damages far exceed this.I have proof of funds from buyer that exceeds $15K cash in bank.Attorney duties - demand letter to buyer - you owe $10K we'll let off the hook for &7K, if you sign affidavit and agree to testify against agent.Demand letter to agent & broker, you owe for negligence, breach of TREC rules # 1 - failure to deposit escrow funds, # 2 practicing law without a license, # 3 gross negligence.Pay before case filed or, agent looses license for items 1 & 2.

In my study of new building practices (energy-saving, etc.)

There are ethical and practical considerations.As a practical matter, unless the 35% partner never sees the closing documents, he will know about the hard money loan because it will be financed at close (presumably used as part of the acquisition funding) and will show on the HUD.

I kinda get a kick out of seeing all the little people defending the extreme wealthy, as if they truly believe they have a chance to join their country club....just funny....I'm certainly for making big money, having a great life, but that's not the agenda any longer, it's all about money and power, which are practically the same.

However, yes at the end of the day the preparer can be fined or even suspended from practicing, the Taxpayer is the one who is stuck with the bill.K.

I just thought about all the years I had rented and how much I appreciated a nice and proactive landlord and wanted to emulate their practices.

So I know I can do the legwork to set up and market a succesful wholesaling practice.