The other side to that coin is that FSBO sellers will know the standard contract (they'll probably have printed up a few copies themselves) and if you come in with your own contract out of thin air, that looks nothing like theirs, they may be apprehensive and may even balk at you. 

My projects on the ORegon coast are a little more as we have to build to hurricane standards... and sideways rain. and ocean air. 

I'm an Air Force guy myself and have started investing out in Oklahoma City.

EXCEPT principle & interest on a mortgage if applicable.If the property rents for $3,000 a month... the 50% rule/guideline/thumb in the air guess says you'll have about $1,500 left after paying bills and setting aside for things like CAPEX.  

I enjoy clean air, open space, quiet nights, food from my garden, my fire pit and I wouldn't trade that for anything the city ever has to offer.

What a breath of fresh air for FREE !!!!!

We are retired Air Force now stationed as civilians in DC. 

Is there a common furnace (forced air) between all units, or do you really have a boiler with separate zones for each unit?    

I have read several arguments and still somewhat in the air about whether or not to form an LLC prior to getting started in flipping and some buy and hold in the near future. 

I've been doing a lot of reading on here lately and I'm still somewhat up in the air.