As the man was speaking I noticed he was leaving out vital information, there was something missing.

I'll offer an amount equal to half a month's rent for starters, emphasizing that it is nonrefundable.

While you can have a partner that is equal fiscally, I find it best in most of my endevours to know who is in charge of what aspects of a company, so what is you and your partners roles in the business?

Depends on what you advertise, do you think that a sliver of any of the bundle of rigrts or an equitqble interest is fully equal to fee simple title, or do you know the difference?

You and the financial partner should split 50/50 and the agent gets paid commission for putting the deal together, or each of you give up an equal portion to the agent, etc.

I polled some of the local agents and they said if cost was equal, they'd prefer the asbestos siding to vinyl.

That's because good tenants have lots of choices and will pick a cheaper one, all other things being equal.

An example - Give 180 equal payments with no interest on a $100,000 house = each payment is $555.56 per month, rent out for $800 a month.There are Due on Sale clause issues if there are existing mortgages.

For any contract a key element is consideration, there are two issues that apply in holding one to the terms of a contract, those that say give $5 as consideration are only looking at issues at law, but there are equally issues of equity, is the consideration sufficient for the rights extended or in the scope of the dealings anticipated is the considerartion apporopriate, given the risks and rewards afforded under the contract, this is where the $5 down folks fail in giving sufficient consideration.2.

But I realize I will most likely need a "day job" starting out to pay the bills & provide vital capital as I venture into real estate investing.