I have a unique situation, and since you all are experts in the real estate world, I wanted to get the opinion from knowledgeable neutral parties.

I believe upon contact, the clock resets to 10 days for the removal and repayment of costs for all items.

Congrats on finding your first deal.Regarding the property, assuming most houses are 3/1 or 2/1s in the area, being that your property is unique and in a tougher area that could be a disadvantage for you down the long run as far as rent and appreciation.

The value of the note is, to some extent, is unique to the investor.

I see that nobody had answered you post, so here goes.I wouldn't use "someone elses" contract, simply because each deal is unique.

The problem with this particular guru's recommendation is the presumption that money, track record and knowledge account for little; that anyone can use this "unique" system.

The odds of someone repaying a loan over 15 or 30 years to me are slim.

Any unique rental laws a landlord should know?

Ok, I have a unique on that I feel trumps them all as of yet;Power maniac nazi cities who confiscate rental property (yes, that is correct, confiscate, as in take it from you without paying for it) for the actions made by the tenants, regardless if there inherited tenants contractually forced upon you by the same city, who refused you evicting them FOR THE SAME REASONS!

I wish I could better verbalize what is going on in North Dakota because it is unique.