In California, executors will receive Letters Testementary and Administrators will receive Letters of Administration.

FIRST QUESTION- Closing Prorations: Not sure which one to chose (default is the first one)Line 120 - Real Estate taxes shall be prorated at closing based on  {The net general real estate taxes for the preceding year, or the current year if available} {Current assessment times current mill rate} {Sale price multiplied by the municipality area-wide percent of fair market value used by the assessor in the prior year, or current year if known, multiplied by current mill rate}I checked the default option which is the first one, but want to make sure it is the right choiceSECOND QUESTION- Property Condition Representations:  Very confused on this sectionLine 150-168 - Seller represents to Buyer that, as of the date Seller grants this Option, Seller has no notice or knowledge of any Defects other than those identified in Seller's disclosure report dated _______ and if applicable, Real Estate Condition Report dated ______, and, if applicable Vacant Land Disclosure Report dated _____, which was received by Buyer prior to Buyer signing this Option and which is/are made a part of this Option by reference (Complete dates or strike as applicable) and _____________________ (Insert conditions not already included in the disclosure or condition report(s)) CAUTION: If the Property includes 1-4 dwelling units, a Real Estate Condition Report containing the disclosures provided in Wis.

I don't know if it's him paying me after he receives the fee or it's split at close.

I received a 1 year interest only portfolio loan from my bank with 20% down, $150 orgionation at prime plus 1.5% (~4.5%).

I once knocked 89 doors before and finally received an open seller.

The Manager in turn has the exclusive ability to place tenants in the property while the Owner/Landlord receives guaranteed income regardless of vacancy.It sounds like your idea was similar, but instead of a Rental Management Company buying the rights, it would be a corporation or university. 

Maybe they'll be more motivated to talk to you after they receive the Pay or Quit notice.Good luck.

I have been actively acquiring Notes for passive cash flow since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.I upgraded to BP Pro & upgraded my profile.

The owner of the Agency said after I finish the course and receive the certificate, they would offer me leads to immediately start working in the business.

Any cash flow you received in the middle should be considered icing on the cake.