- contract not notarized; covers your possession of property as a tenant2) option - contract to buy - also not notarized normally - usually shows all the terms of the future purchase: term, price of option itself, price of property at future purchase, financing, rent credits, last day to exercise the option (make the purchase), rights to extend the option (or more likely not without more money), etc.3) memorandum of option - YES notarized because you want it recorded (but the owner often doesn't because it shows his property is tied up by you).

It's actually quite common to begin the subd process prior to taking title.No, you wouldn't be able to compete the entire process and if you never exercised the option you will have gifted a lot of the entitlement process to the owner.I personally was able to begin the annexation process during the due diligence period on a deal and actually did a double close the day after the city approved it.

I’m taking ownership of an 11-unit apartment complex in a revitalized part of town but the property needs upgrades and the starting budget is only enough to get the ball rolling.

Second I have done over 40 lease options and have only had one exercise their option here in Clarksville.

Imagine this scenario: Local college wants to pay you 100 million to build a new gym for the NCAA national champ B-ball team.

My attempt at a Click Bait title.Ok, it's time to make a prediction for next year.  What will the world be like in a year from today? 12/13/2021.  It's time to put it down in writing.  

All topics are open... 
Bes...

I am a recent graduate from UNCW in Exercise Science with plans to continue to graduate school to secure a career that is a bit more recession-proof than real estate, just in case another 2020 level disaster should strike again.

There’s a scene where they talk about having to fire their ball players, which is essentially the same thing we’re doing here.

My bachelor's is in psychology, my masters is in exercise science, and my current business is a small e-commerce business selling wellness products, but I want to learn BRRR!

I have acted as a GC before, so I might end up just going that route here, but ideally I'd like to find someone that can really help me keep the ball moving.