Any new Buyer will have to follow the act as well.Essentially, Charlie either has a formal lease agreement which must be recognized or Charlie is considered a month to month, if no lease can be produced.

Yes, I regret it and told him so, but recognize that this is a good second chance opportunity.

Chicago BP'er George Foster recently posted an inspiring note acknowledging and thanking Brie Schmidt for her contribution to his success and it gave me an idea: Why not start a "Thankful" roll call where we recognize those who have helped us (or in my case are helping me) along the way?

Agents are NOT allowed to practice law in any way, but in Ohio they are allowed to help with a "standard" preprinted fill-in-the-blanks real estate contract form that is published by a recognized agency like the Ohio bar or the Ohio Realtor's association. 

The ones I recognize or have talked to in the past are Champion Homes and Pratt Homes.For financing, if you want to avoid problems for potential buyers or for yourself when you refinance make sure they are "Modular" and sitting on a proper foundation. 

Those of you in So-Cal probably already know what property I'm talking about.What DOESN'T make sense is the following:1) I clued one of my fix & flip guys into it and he says "yeah, my friend has it under contract and I'm contracted to do the rehab".2) It is listed in the MLS for well above the $365K, and appears to be in escrow.3) I mentioned the anecdote in #1 to another investor, and he immediately recognizes the deal, and knows that the buyer didn't perform.What???

An experienced lender will be able to recognize a good deal and be able to help you all the same, IMO.

And add a picture to your profile, it make it easier for people to remember you and recognize you.Best of luck!

. - re: your profile picture, how would I recognize you if you are wearing a different tie?

I would say it's much better to have three cash-flow positive properties than 6 you have to come out of pocket for every month.If you have extra cash, or are able to save up a decent safety cushion to cover the cost of a property going vacant a couple months or needing a major repair, you could always pay the property down faster with any extra cash flow and still recognize significant savings without obligating yourself to pay that higher amount every month like you would with a shorter term loan.