Yes use a standard sale contract.

Beeen in Florida a couple years and I don't think that's in standard landlording.  

You talking just standard owner occupied loans?

But maybe the interest rates quoted are standard in your market.

Of course you will probably get some level of it, because it is CA, but for instance if it's just a standard level of appreciation right now and you get a mortgage on a property....you'd have to weigh how much appreciation you'd actually need to even just make up for the interest on the mortgage. 

If protection is your main thing just get an umbrella policy of 2 million, that along with the 1 million you would get through your standard policy should be good. 

Since each roomie knows how strict it was to get in themselves...they dont worry about incoming roomies not being up to same high standards. 

or a depression child.for property worth      >>selling the buildings for around 1.6 mil<<He could make more in a standard (money losing) savings account.This may sound harsh, I am sorry.But this does not seem to add up.Maybe you should step in.  

Standardized contracts are used so both buyer and seller aren't likely to have any surprises from a legal standpoint.

I am purchasing an investment property through a conventional loan (standard 20% down payment).