When I advertise I play it up like a big benefit, but for the most part I find that the properties on the other side of my street that only have street parking do just fine.

There are other contracts that a Florida attorney would consider to be fine to use in a RE transaction.

@George P. your children can work for you at a younger age then a regular job at least in my state. (2 would be a little too young). 11 is fine here but could be different elsewhere depends on whether it is reasonable to expect they could do what you pay them for.

@Brandon Turner Editing would be the hardest and most exhaustive format...Maybe have 2...keep the original Biggerpockets format, finely edited and produced...and one "uncut" version where it has more free flowing thoughts and dialogue.

Not only can you lose the note financially but there can be administrative actions with fines or even criminal charges.Due diligence is then required on the note seller and the purchase contract.

I think you just need to fine tune your analysis a little bit to make it work.Good luck.

Scott,I'm answering this from a consultant/independent contractor point of view since I have not yet invested in real estate, but using legalzoom or nolo is perfectly fine to get the LLC formed, IMHO.The big factors for the LLC you'll need to decide are:- What state to register in (some people choose Delaware or Nevada for favorable business laws)- Who to use as a registered agent (basically the person that collects legal papers)If you plan on simply investing within your state of residence for now, I'd suggest on forming the LLC within that state using Legalzoom or even through the state's secretary website (if available), and then list yourself as the registered agent.

If you're fine living in a multi-family property, one angle to try is to get approved for FHA financing and look to buy a 4plex and an owner occupant (that's the biggest property you can buy).

That's fine, he can go last too, the closing agent simply says "Mr Seller, I'll be taking to the buyer about their loan and personal expenses, as soon as we are done I'll have you come in for you to close".

This was in Broward County, FL.Offering to let a tenant out of the lease early is fine, but follow up with the Pay or Quit anyway because if you let that month go by and they refuse to leave, you then have to start the clock at the beginning and they've just gotten at least another month of free rent.