On the lenders title policy is an exception "Rights of claims of parties in possession not shown by the Public Records" which Sally was in possession of the property at the sale and the seller was basically fraudulent.I'm surprised the loan title policy had the exception for parties in possession in it. 

Once you get a basic understanding of the concepts, make sure you have a team who can support you and then hit the phones! 

A lawyer can ensure it's clear, legal, and comprehensive, but it's best to draft the basics together first.

It will familiarize you with the basic terminology and benefits.

Sorry if this is a basic question, but I am new to this.Thank you!

I have some upcoming turnover in the next few weeks, I basically just need someone to market the property on my behalf, screen potential tenants, and get the rooms filled then I can take over.

As a newer investor it's simpler and better to focus on the basics until you have more experience.

Also you typically get rid of rent by buying a home, and rent is basically 100% interest, but that doesn't apply if you'd be living with your parents and not paying rent.  

Basically no overhead and can be scaled up to increase income.

Basically anything that I should have before the construction starts.Currently in the step of figuring out how to get home plans and how to work with architects so I have the following questions:1.