Not sure if you've already found your 2nd roommate, but once you get your lease prepared for the new guy, I would suggest you also go ahead and have your friend sign one too.

If someone is not willing to sign this type of contract they have basically declared that they will not be responsible for working in a timely manor.

Aside from family issues, this is a lousy cash flow investment, and nothing but a prayer to be bailed out by appreciation.He could go out to the closest underwater neighborhood and sign up deals this bad ALL DAY LONG.

Could put a carefully selected short-term renter in there for 6 mths to cover overhead, then do your repairs in the winter and list it next spring, targeting a signed contract at the 12-mth mark.Of course, you can try to sell it for cash to a hedge fund after you repair it.

Thanks for the tip, I hope I have done it right because after I entered the @ I see a popup screen and when I clicked on your names, the @ sign disappeared.

Tomorrow, I'm going to look into bandit signs and research properties from the list I made today.

I don't know, I think I should talk to my lawyer first before signing the Assignment of Interest agreement because there might be some title issues that I'm not aware of.

Sign a lease a 12 month with the option to sublease3.

When I signed a lease with a tenant on July 1 for $955, I was all in to the house for $32,821.23.

Do you need help putting up bandit signs?