I too am irked by colleague requests arriving without a formal introduction ... let alone one which help my aging grey matter figure out a the benefit of such a connection.I have chosen to simply ignore the requests until they go away on their own ... but, perhaps that's being a little too passive {honestly, I was trying to see if BP has a built in expiration feature for an unanswered request} and I should join you in exercising the Deny button.So, Hattie, seeing as we hold a view in common ... wanna be my friend :-)

@John Leavelle,Your look at this exercise from a wrong perspective :-)Forget the list price.

Your suppliers can get you samples Never send them to the store they will inevitably pick something back ordered that will delay your job or not be able to decide with the endless selection.  

He said it was fine and asked for me to put in a the contract that he will also be marketing the property and if he finds a buyer, we will give me the opportunity to exercise my option to buy and if I don't, move forward with his own buyer.So it looks like it is all working out.

Does anyone have a template or sample Proposal  Packet that I can use ?

Maybe you could pay to consult a competent tax person and provide a sample tax effect to your seller since you may be doing multiple seller-carries together @Jacob Sharp!  

Unless of course you are quoting a small sample size or small properties which, due to their size, might allow 100% economic occupancy if all the stars are aligned and luck is on your side. 

Does someone have a sample loan template?

Kyle, place in some numbers of a house you were looking at, price, mortgage,taxes etc. average rent for the area for same size units. may be a little easier to get answers from people if they can help check your figures. i know in the area that i am investing right now, a 4 bedroom unit runs me $200 / bedroom/ month to run and i have a 2 family with 8 bedrooms that runs me $150- the more bedrooms the less per bedroom. that is without the mortgage. that can fluctuate depending on the cost of the property and the amount you put down, so i leave that number separate. to me Maintenance seems a little high, if you have a unit that collects $1700 per month ( 20,400 yr ) at 15% that's $3060 for lawn care and snow removal. i pay half that $1500 - so that's 7 1/2 percent ( these numbers come from my 4 bedroom unit ( 1700 & 1500 )). that would be another 1500 in your pocket. what you can do is ask a management co. in the area what is the typical charge for maintenance, or a local landscaper. that 1500 could make a difference in your numbers, and there may be others. show a sample and you may get some insight from others

I'm trying to find some samples online.