I tell them to give their current lawyer permission to talk to me about the case and a commitment for half the current months rent by the of the month.

I would argue that both are good options - just know that investing in one vs the other commits your future to whichever you choose.

If you fail to meet your commitment, your uncle gets his triplex back (or you sell it and pay your uncle what he is owed). 

@Stephen SpearmanYou don't have a written policy or agreement defining how to react so my recommendation is this:Notify the tenant they have already committed but you will do your best to accommodate them.

As I mentioned, my services as your buyer's agent don't cost you a single dollar so long as you commit to allowing me to represent you as the buyer's agent for the purchase of the 2BR property.

I was hoping to avoid this since I just want to get my feet wet without taking such a formal commitment, not to mention more time, energy, and expenses.Getting a license seems to be the surest answer to avoid broker license issues.

Proper justification is whatever is spelled out in the contract - normally contingencies for home inspection and ability to obtain a mortgage.Following that, we go through appraisal, underwriting, mortgage commitment, a final walk through and then closing.The negotiations take place in two parts of the process. 

As you may already know, property management and tenant placement is the key to success in your investment, so be careful if buying turnkey will commit you to using their own PM.

He is getting out this year, and her commitment is up Sept of 2020 - this is their last assignment and they are riding out their time until they separate and move.

My wife and I are committed to purchasing at least one buy and hold investment property in 2019.