To answer the original post, would these questions even be posed if a uniform or commonly used Operating Agreement were adopted in a new or existing LLC?

- Will you be consulting an attorney to handle any contractual or legal issues (evictions, leases, purchase agreement, etc)?

Bare minimum is how many years, credit score, & what are the payments in what time frame, like 1 monthly payments or quarterly, etc.

If your Realtor is worried about the Board then just tell him your willing to sit down with him and fill out the 15-20 page offer agreement on the 20 properties you will be making offers on in the next month.

I suspect they will cool it for a day or two and then be right back at it.I would have given them a written notice that the brother was not on the rental agreement and he would have to move out within 72 hours, or I would file an eviction on them.If your rental agreement doesn't clearly state that no additional persons can move in without written permission, and clearly have a limit on how long guests can stay, then get your rental agreement changed.Also be sure it says no pet-sitting, while you are at it.I might not evict, but they'd get their 30 day notice if he didn't move out.

A few suggestions which I think would enhance biggerpockets (some taken from vBulletin), in no particular order:* multi-quote - the ability to select multiple posts for quoting* kudos - ability to register approval of a post, or agreement with a point, and then count these and somehow rate posters - just provides more incentive to share and try to be constructive and helpful * ability to view the forum in wide screen format (maybe you can but I can't see how - the forum text only takes up about 30% of the width of my screen)* more/better emoticons - happy to suggest some if you like ;)* also I'd like emoticons inserted where the cursor is, rather than always at the end of the text (ie if you edit and want to insert an emoticon in an earlier para, you seem to be only able to do it by cutting and pasting the emoticon, which is always inserted at the very end of the whole post)* I imagine this is related to the fact that whenever you format some text, your cursor is moved to the very end of the post; I'd rather the cursor be left where it was just prior to applying formatting (eg bold)* ability to report/hide abusive posts, to try and stop conversations degenerating into slanging matches :roll: Love the forum - thanks, Josh.

Thanks for the very quick response - I should add that when we received the $60 bill last year, we didnt pay it - we asked for a copy of the HOA policy and never recieved a reply, so never paid.I am currently awaiting word back from the HOA (we asked them for itemized lists of our account, along with the HOA agreement which we have never seen) - I have never used a lawyer for anything, so I am quite nervous at this point- but I imagine it might be money well spent if it outlines our options.Thanks for your comments - I dont have a problem paying a realistic amount of money ($60 a year for the last 4 years which is the texas statute of limitations for debt claims) - but they are asking for something far more than this!

IF and I repeat IF they sign a buyers agency agreement with you, bust your butt for them.

If you are flipping the property, it is good to have a minimum profit that you will accept on the deal and then you base your formula on that.

There is a clause in the lease agreement that states the tenant is responsible for minor repairs less than $175.