This is going to come up and it's important I outline it, so here's my why/goals.Put simply, I'm an entrepreneur, everything in my personality draws me to being my own boss and taking risks and playing the business game.

It automatically draws rent each month.

they just dont let you draw on them the bank can unilaterally freeze them..  

She needs to draw a line.

@Steve Basra the best advice I can give you is to buy in the highest asset class that you can afford if you want to minimize the hassle and draw a better quality of tenant.

also consider drawing right after the monthly report so you have 30 days before the hit hits you.but as you know deals and contractors don't hang around for your LOC statement date. 

My personal opinion is to get with your lawyer or potential lawyer that would be representing you in a worst case scenario and have them draw the lease for you.

In addition to points up fron consider inspection fees for draws.

It will go into escrow and draws can be set to have the escrow company release to the contractor.

Have an attorney draw up a Lease Option agreement for a length of time you are comfortable with (5 years is better than 1 year).