I didn't see a 30 day restriction in the contract just the 120% GRANTEE HEREIN SHALL BE PROHIBITED FROM CONVEYING CAPTIONED PROPERTY FOR A SALES PRICEOF GREATER THAN $___________________ FOR A PERIOD OF ____ MONTH(S) FROM THE DATE OF THERECORDING OF THIS DEED.

Additional family members have moved down there since.Currently working on closing my first rental down there with a closing date in late August, so I will have plenty of questions to follow.I like the idea of buy and hold but I do have some interest in flipping properties thought I am not sure I am ready to look down that road yet.Again, thank you everyone for my welcome (from exit 16W)

Do I need to draft another contract with the dates that he wants?

Unless a seller is looking for long term income on the note, most aren't as concerned with interest rate as much as with down payment and payoff date.  

Use those RHA contracts and all addendudums that apply.Have these tenants fill out new applications if their current lease is not expired.  

They keep you up to date on legislative changes in the city.

Don't forget to market to expired listings, NOD and NTS. 

Couldn't you structure the contract to state that you or an 'assignee' will purchase the property on or before x date? 

All utilities are finalized and paid to date as of the termination of tenancy.c.

If you don't have 100% of the equity you need before the atty review expires it is decision time.- If a deal were to go sour and multiple investors are in on it, how is the money divided up to pay them back, do they sell the property and divide the proceeds?