An attorney will assure you are abiding by the federal and state laws.

An attorney will assure you are abiding by the federal and state laws.

If they're signing the least starting Wed (April 2) and they want to be assured they get it, they would need to give me a hold deposit right away and sign an agreement about the hold deposit.

There are two main players in a LT.

, now it wont let the podcast, it just comes up as a player. 

While I understand the reasons for checking pedigree, there is also the growing problem of data theft from major players on the internet, the latest in a long line being Ashley Madison (expect a few divorces when this data is leaked). 

Maybe if you can scale it up like you probably have.. but your average investor will never scale up.. one financing precludes its.. and or they are too busy making money at home.The real true wealth is made in path of progress plays.... and appreciation if your going to be a small time player.. but those go against conventional wisdom of CASH flow is the only way.  

So I assured him I would find out the next day about any liens or foreclosures on the property.

I have assured and promised you that these punch list items will absolutely be taken care of. 

There are only three (3) Private Letter Rulings ("PLRs") from the IRS/Treasury on these structures and the PLRs can not be relied up or cited as precedent, so they provide guidance but no assurance that your transaction would not be disqualified.