Payoff typically in two months.

Typically this might include a full months rent in advance or other fees.They will most likely ask for your financial information to clear you prior to accepting an application such as this.

Typical answer right?

You don't mention what type of income producing property or budget you have to work with, so I'll assume residential rental as opposed to commercial leasing.So, my suggestion is to work with a Real Estate Professional in the area you are considering buying.You typically don't pay for their services as they are paid from the sellers proceeds.

If you want others to keep their word to you then you want to keep your word to them.It sounds like the area has typical leases for 6-12 months.

I know you are going to ask why I havent done all of the typical SS approach but the owner has been very reluctant to give away any control on this deal so i just tried to work a way out that I cold make a little $$ and put him together with a potential buyer.

A new study goes further and predicts most South Florida real estate projects of this nature won't even cover maintenance fees, property taxes or other costs.In a recent report, issued by the National Association of Condo Hotel Owners (NACHO), it projects returns for typical condo-hotel units in Fort Lauderdale, Miami, Miami Beach and Coral Gables.

If I have to do a typical deal the offer would have to be about 20K lower and he may not let it fly for that.

It is typical to get literature that says something like this: "Buy a rental property which rents for $500 per month and has a mortgage payment of $400 per month -- you've made $100 per month.

That typically doesn't include any listing help, showing the property, taking applications, etc.