If beds and baths are the same, and the two house will be comparable in quality and finish, and they're nearby, they're going to be much closer in price.

We have formed a network of licenced contractors that we have worked with over the past , that are all quality sub contractors.

Generally a standard umbrella insurance policy can protect you from a large amount of liability ($500,000 to $1 million).

I understand this is pretty standard but how do I know my money is protected while sitting in the attorney’s account?

Sounds like a standard lease to own agreement.

My question to the board, what standard are you using in the market to estimate value?

Or maybe you've always lived to a particular standard, and never considered what it would take to make a change.

If you pay a quality lawyer for your paperwork and are a diligent professional in setting up procedures and systems for doing business, then you can mitigate a lot of this risk yourself.General liability insurance: This helps cover the LLC if someone slips and cracks their head open on the sidewalk, gets hurt at work, etc.

I know this might not be the standard way of going about a deal, but it seems like a great opportunity.Thanks,Chris

One major advantage is you know you are going to get at least part of the rent each and every month.However, these are all run locally and the standards, responsiveness to landlord concerns and issues varies widely from place to place.I don't have any section 8 tenants.