You would address this in the lease.

Sure I have the available credit, but like I said, I’d hate to lean on that too hard.I’m just curious how other landlords address this topic.

Here is mine:CONTRACT TO HOLD Property Address: __________________________________________________ City: ______________________, State _________Zip_____________This agreement is between_________________________________________, hereafter referred to as “Prospective Tenant(s),” and ____________________________, hereafter referred to as “Landlord.”Landlord acknowledges receipt of payment in the amount of $___________ from Prospective Tenant(s) as a non-refundable binder for the property listed above.

If multi, one or more of the other LLC members can convey it now and account to the decedent partner, or however the organizational docs deal with this scenario.If you want to PM me the address I can point you in the right direction.

I'm not just a huge fan of the industry as a whole since it's flooded with lots of newbies who really don't have any business being involved in real estate transactions with no skin in the game, no investing knowledge, and no penalties if they screw a buyer or seller over.

., with 48 units now being leased and a $6 million investment;_________________________________________________________________________________________________• The Fort of Colonial Mobile, address to be determined, with 131 projected units currently under design and a $58 million investment;_________________________________________________________________________________________________• Seamen’s Bethel, 350 St.

What's the address?

Seems a wholesaler has more skin in the game than a realtor in the EMD category.  

How should I structure a partnership with my contractor friend so he has skin in the game and will possibly be handling majority of the flip and I’m essentially just purchasing property and possibly giving money for renovations.

They have more skin in the game then you do.Make sure you get clear title.