@Michael Mullins What type of Loan are you assuming?

Funny how you can't take my call but have time to type a long-winded text. 

@Kevin Scanlon Bought a couple of these types of deals. 

(We strongly recommend having an attorney serve this role.)Alternatively, I believe you can also get documents notarized outside the States at a US embassy.

I am ready to get a lease created with an addendum for corporate lease with required insurance, but I am curious to hear your thoughts on this and if you have had this type of experience before.

Is this an option for any type of loan or just conventional home loans?

Define outrageous fees.Youll be the riskiest type of an agent that a brokerage takes on.

My acquisitions have been from mis-managed/tired landlords of C+/B- small multis, so as @Bjorn Ahlblad and others have said, the type of asset class and quality of the management are probably the primary indicators.I would offer them a month-to-month lease with my own terms, and see of they presented a generally agreeable/compliant kind of demeanor in the near term before proceeding to a term contract.FWIW I only offer MTM leases because I believe term leases often favor the tenant more than the landlord in tenant-friendly areas.

What made you interested in investing in this type of deal?

Purchase price: $15,000 Cash invested: $10,000 Sale price: $89,000 One of the properties i purchased What made you interested in investing in this type of deal?