If there is no intent on the part of the buyer to buy the property, a contract for the purchase and sale of the property is not a binding contract. 

So live as close to work or school as possible - walking or biking distance - and use a FHA loan to buy place with the intent to rent out all the remaining space. 

The intent of a late fee is to be a deterrent although most landlords consider it a penalty that benefits the landlord.

Usually, the intent is to find properties that are distressed and selling at a discount that can be repaired or remodeled and sold for a sizable profit.

Hello,I have been living here in Monterey California for one year and I am about to move into a bigger home in nearby Marina.The big problem I am having is the huge disconnect between the owner I am renting from and the new owner that I want to rent from.Both property owners know that I am required to give 30 days notice of my intent to vacate the premises.

If your final intention is to roll the properties into the trust, I don't understand why you want to put the properties in a stand alone LLC first.

Further, the whole industry taking a venture model to funding is squarely at odds with the intent of the legislation.  

The most disconcerting statement is the following (I have removed the company name)<blockquote>Non-Compete During this agreement Recipient shall not represent, provide services for or engage in any other way any other business of a similar nature to the business of [company] (Acquisition of Real Estate with intent to sell for a profit) without the written consent of [company].

@Adam Adams - Just to clarify, thats really the intent of Globimail...

If you buy a property with the intention of immediately reselling then you cannot do a 1031.And more potential bad news on top of that.