I want to do this when I have a kid but I was hoping someone could explain the particulars of how to do it.

It is a super easy read and explains what the best options are for real estate asset protection and why.

https://www.cincinnatireia.com/Take someone to lunch and explain in detail what it is that you want to accomplish.Go get em' boss

When you evict someone the judge will ask you to explain where you came up with charges, etc. and you don't want to look stupid.Be professional and remember that this is a for profit business.  

My model is to over-explain, and give lots of info/education.

Bob Cannon please explain

If not we will find something else.If you are my seller and it doesn't appraise: We fight the appraisal, try and see what it was lacking, try and explain adjustments, possibly pay for a new one.

I explained the situation 14 times and was unable to get the loan.  

@Georges Arnaout You are missing a couple of parts, if you want to step in to grey areas about verbal conversations, and he would admit it in court, then you have a little leverage, what your solid legal ground right now is the contract which @Aaron McGinnis explained to you.

A seasoned investor should be able to explain exactly why so you can verify it independently on your own.