There is no reason what so ever that a standard real estate contract with addendums that are normally used in the state could not be used.A seller who may receive back up contracts, say through a brokerage and MLS may be set by local custom, that a seller can, and with such contracts money is given and held in escow with the broker initially or sent to the closing escrow, but money has been deposited for the contract.I have given earnest money notes as consideration for contracts, use to be my usual practice.

I know each lender might have different policies surrounding this, I just want to get an idea of what is the normal practice.

That concerns the EPA requirements for RRP certified people to perform certain renovation work, to be following "lead safe" practices.

I think the lender's perspective is, "Really, you expect me to believe you found this magical deal, it needed practically no work and now it's worth a ton more."

of creativity, practicality and sensible billing.

I'm always curious about the differences in the notification and eviction process differ between jurisdictions.Here, on the first failure to pay, we can file a "Notice to Vacate" the day after rent is due {in-practice we normally wait until the 5th}.

Unlicensed practice of real estate has more to do with finding a buyer for a seller for a fee.

Although they are high, the state is reviewing Detroit's practice of too-high assessments and will be actually lowering them, not raising them, over the next couple of years.

The latter would only apply if you had a real estate license in the state or you could be accused of practicing w/o a license.

They're a high wire act for the landlord because they're unrepairable for practical purposes, no parts.