He has the property tied up with no intentions to purchase, just to negotiate the deal.

It is hard to understand intent on a message board.

The difficulty, IMO, is looking to the intent of the law, any law, while it is stated at the beginning of each law ( and breezed over by most readers, IMO) you can see how inter-twined legislation becomes.

Yes, you should be able to get in and check everything out, if not before, by putting in a "due diligence" condition in your contract, giving you time to walk through every unit and get them all checked out thoroughly.So ... get the real data (not just proformas), check out past operational expenses and income, check out what maintenance has been done and what has been put off (by asking the questions in the first place, and then by double checking yourself later)... and if you can't get in before hand, get an attorney to help you with the letter of intent, include your due diligence clauses, and that way if you discover something way out of budget, you can cut your losses and walk away.HTHMartha

How are you disclosing to the seller your intentions?

Take AIG's example as a cautionary tale.Remember Dividends are not guaranteed .The legal argument for them being not taxed is that they are considered a return of premium . the insurance company has in effect over charged you for the coverage and is reimbursing your for the funds not required to provide the protection.I may be getting too technical here so let me cut to the chase.If it is not your intention to leave your cash in the policy, for each dollar invested in the policy in the first 5 years how much do you have available to invest.

Given that he apparently now has the CIA after him, do you think he'd consider it worth the risk just to make some money -- especially given that his vast computer skills could certainly earn him a very nice living without the risk of imprisonment or death.Assange is not a dumb guy, and if he just wanted to make some money without contributing to the public good, he could find some much better ways to do so...Of course, that's just circumstantial reasoning on my part, but it makes sense (to me, at least)...I have no proof of his intentions one way or the other, obviously...

I would steer clear of that if your intent is to maintain ownership until the option is exercised.

I have seen to many people with very good intentions get into this business only to discover they could not afford a single month of vacancy.In my opinion, you need to carefully take into account all the pitfalls associated with landlording.

The trap I fell into early on was that the bank had to approve my sale, profit and intentions.