We are meeting Monday to tighten up the deal and began to write the contract. 

I like that your goals are very specific and it's not the typical newbie "I work so hard blah blah blah"Your first question can best be found either from a friendly BP investor from the Bay like Min who might pop into this thread, or you can just find the answer at your local REIA.Your 2/3/4 - typically people use assignment contracts or double closes.

I think it's more about adhering to contract law and being careful to not violate agency laws.

After 20 years in the Air Force, I'm now under contract on my first multiplex. 

The church is next door to the house and is located on a busy street in the heart of town.  

I know my heart would be racing in that situation.   

Think of it as a legal wrapper but in reality it is legal document that looks like a contract which you design with an estate attorney and you will fund it with assets such as cash, brokerage accounts, cars, boats, real estate, etc.

The 10 year contract deal is almost absurd in my opinion. 

They have a clause in the contract that will forbid any rent increases or evictions for one year.  

But know got to close in the one I contracted in NO exceptions.. its the banks rules really.. and like what is posted above keeps the wholesalers from flipping this stuff.