if thats the case the lender will pay both and you will have an negative escrow account. the lender will then raise your payment until the negative escrow balance has been take care of

I guess my question is; What is a proper plan of action on buying and holding?

With the balance I have after paid my bills, I picked up a copy of XSitePro and had it installed on my Windows XP.I had a picture of what I thought XSitePro was going to be.

Good points everyone - Jon, you touched on something that I think is desperately lacking in the education system, and that is practical "life" knowledge - this especially pertains to financial know-how, even stuff as simple as balancing a checkbook.

I hear what you are saying Mark (includes the balance of your post), but I just don't see how the seller is affected in a short sale situation by the price that is finally accepted by the bank.

And it was deemed that the lease to purchase agreement constituted a partial interest in the property for the lessee.Check with a local attorney for the proper wording to avoid such a situation if you choose the lease route.

I can not properly evaluate your deal with provided NOI.

If you have an investor lend you money - that investors is not in a flipping business, he is simply a lender, loaning money to you.Let me reiterate what I said earlier: you should contact a professional and discuss your situation in details to get a proper guidance, you can only share limited amount on the forum... based on the above discussion I can't say that I fully understand your business model, if we were talking on the phone that would be a different situation, I can ask any clarifying questions I need to get a full understanding in order to provide you with correct guidance...

A pre-transaction review would be meaningful and most smart investors will ensure they have proper guidance in advance of embarking on a new venture, but any custodial requirement for such would be entirely impractical.Further, most custodians requesting this are fully aware that some LLC providers are actually providing the review service and others are just allowing you to sign off saying they are your reviewer when they have no real intention of performing the service - at least not in a meaningful way. 

don’t transfer the title to her name until the home is paid off (aka until she pays your the full balance of the home to you).