I both sell and purchase properties via the lease option method and one of my protections as the lease option buyer is knowing that the seller / owner cannot sell or refinance the house out from under me as long as I have that recorded option against the property effectively creating a lien. 

4) Since I have referred so many commercial deal in the past, I really do not want to refer this one. 5) Since it is family and they are aware I have no experience in commercial real estate, would a brokerage be more lenient inletting me do a commercial transaction? 

I am not aware of any apartment communities in the area that have playgrounds (dog parks are much more common).

I don’t want to sell it I would like to rent it out to create that extra money coming in.

As a notary I was well aware of what happened above and beyond my 'mobile notary' services.

If the rental is in your name or if you have created a company for the rental.

I am looking to create a web site for our property business.

Hello Bigger Pockets, I am creating my first LLC in Alabama to put a couple of my rental properties into.

.)- If someone stops paying rent you may need to go through an eviction process- When screening tenants you need to do a thorough check of who you're renting to- There are several Fair Housing laws you need to be aware of when placing a tenantOften times, a PM company will even be able to cover their own cost by receiving the highest rental amount possible for your investment, most likely higher than you could by yourself due to the exposure and avenues they have for marketing.

We are planning on purchasing more property in the area in the next year or two.Every time we get a new question, a new situation, a new anything, we create a templated response that we put on our smart phones so that the next time that same question/situation comes up, we just change the "Hi xxxxxx" and then paste the rest in.