Honestly the only one of those responsibilities that is significant is making sure the property is in good condition.

I will probably use a Lawyer being that this is my first dealing with Land Trust but I would still like to educate myself on the process.

There is a hot tub here that I keep in great condition.

and if yes can i put in other fee's like the cost of the lawyer?

Both closings happen at about the same time, and with the same title company (or lawyer) and the money from the second closing (you selling) funds the first closing (you buying.)

I have found the bank issues an approval with some of the conditions stated in writing.

Read the book Lawyers are Liars by Mark Kohler It will teach you all the ins and outs of asset protection and setting up your company.

Mikeit is an option thats still on the table. i am not sure how people are in this market about lease options and contracts like that..plus alot of my contacts would be through MLS b/c i have no foundation, help, or contacts of my own so i would also be dealing with "regular" agents who don't quite understand the process and won't be able to give the seller an accurate idea of what the heck is going on. i need to first find out how to have no budget but still find sellers in preforeclosure. i need to find the business/legal papers and subscribe to that although i am sure the other investors have that lead as well. another idea that i saw through Armando Montelongo's book was to contact divorce and insurance lawyers to tell them I am interested in buying their clients homes.

Lost job, Bought/built a new home and moved in but cant sell the old home, New job in another city and didnt sell the local place prior to the move, Wants to clear some property for $$$ to pay bills/retire etc ....and the list goes on....Listen to what the home looks like, size, appliances, condition etc..

the solution to this problem is very simple and specific: we need 8 million people willing to work for a $1 a day in unimaginably bad conditions w/ no benefits and absolutely no rights and no birth control so they can breed more workers in just 5 years and 9 months.i think we could end the mfg job arguement altogether and send them all to other countries.