Underwrite, submit offers, modify leases to increase pre DD NOI.I bought a listed deal last year, made $1.6m when we sold 18 months after.

Why you need this in writing: Carriers will default to policy languageEvery carrier uses slightly modified ISO forms.

If you're not able to cover that difference, then you'll need to modify that clause.I would probably be looking at things that have been on the market a while that perhaps have less competition. 

I just started reviewing and modifying a few premade underwriting spreadsheets.  

This tenant's lawyer filed a case against TRA with an Administrative law judge, for TRA to modify their application so that it doesn't require landlord to waive those rights because it was not supported by NJ state law or guidelines.

As for rep, I understand that it will be difficult to gain hours especially with an out of state investment however a modified PM agreement would put more decision making our hands.  

You could ask them to cancel - rather than modify the current reservation - and then re-book the new dates, letting them know you'll refund the current nights if someone happens to book them at this last minute. 

Yes, you can modify or terminate any lease if it is mutually agreed.  

What I’ve seen investors do is shop a few direct lenders, not just brokers, because some have softer versions of those clauses or are willing to modify certain sections if the deal is strong.

It might be able to help you come up with a simple figure or modify some text, but you need to know enough to know if it did a good job or not.