You can later transfer the property to the LLC, but be aware it might trigger due-on-sale clauses or additional costs.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

I receive emails from them after they acquired some other company that did the same thing.

I also want the seller to sign, just to add its own confirmation to the tenant's statements.

Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.

Additionally, they may have in their contract that if the property is sold that their company will broker the sale through their own brokerage company.Lease Option Partnership Benefits- The property is purchased at a discount which creates instant equity at the start of the investment.

We also allow users to amend a post at any time with additional information by replying to that post again, just like what happened here.We have no plans to change how the forums work as it pertains to the deletion of posts. 

Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.

So regardless of "sentiment" towards out-of-state investors you may have received from your work colleague its incorrect. 

I am considering building up on my fourplex. 2 additional units.