2: since we will close the house not until end of March, meaning we are still not the owner yet, do we have the right to sign a leasing contract with the tenant before closing for the house we don't own yet?

So basically... with a sandwich lease there is a chance that someone will break their signed contract?

Once they signed it I gave them their deposit check, usually it was more than 98% of the original.

They signed their 1 year lease only at initial occupancy.

1)Business Cards,Bandit signs saying you buy houses.2)Driving around finding vacant houses.3)Birddogs.4)MLS5)Real Estate Agent.Feel free to add if i missed anything.

Fast forward 6 weeks, and I've just signed the P+S on a three unit, 3000 sq ft multifamily building for 655k.

Alexander has nothing to do with the Barfield (he's the one that stopped the horsetrack); The Renaissance condo's have done quite well since renting them out (high turnover due to corporate leases, but usually almost full); Happy State has a fairly well known reason for building from the ground up instead of taking available space (you can research that one on your own); the Fillmore lofts should be quite nice; and anyone with eyes can see the McCartt and Assoc signs, not exactly insight.

No bandit signs, no fliers, no mailers that I have ever seen, and my parents own their home.

If we were to bill for every deal that fell through we would loose our clients.Title companies base it on a cancellation rate if you cancel 2 out of 5 deals yes they may ask you to start paying a cancellation fee but if your deals general go through, they just print a cancellation bill for the records and record it as a loss.You can ask a title company to sign a waiver for cancellation cost before you start working with them.

Place signs on property;13.