I've been a Petroleum Landman for the last 10years writing mineral ownership reports for a Denver area based brokerage. 

The property will show its age by a bit of deferred maintenance or functional obsolescence.

David, I always use an Escrow Company, I just wasn't sure if they (WestStar or Security) had lawyers to review and help write up the docs.Thomas, I'd love to talk more and see what you have.

Excellent write-up!!

ü The establishment of an internal or third party independent audit function to test for compliance.

They will do 1-4 family loans.A portfolio loan is a pain if you try to sell one of the  properties if they do not write a deed release into the loan.Then you are left with the 5 unit and that will need a commercial loan. 

Does your mentor know how to consul you when it comes to writing a contract on land in Maryland, does he understand zoning, perk test, wells, set-back, contingencies, right of ways and assignments as well as financing? 

Many investors will simply judge offers, be afraid to send in deposits or shy away from the contract writing process because they feel like the seller will not accept their offer.

I just want to double check as there is no place on the form to write that he is releasing me from a $35000 claim. 

I work as a Property Damage Appraiser, mainly writing automotive currently but in the process of getting trained to write damage claims on houses.