In my experience, inviting prospective clients to a home buyer consultation very early in the process ensures that they know everything they need to know, makes them a better client if you decide to work together, weeds out people who don't want to invest the tiny amount of time or who aren't nice during the consultation or are not adequately prepared to buy a home, and it's so beneficial to the client that they're far more aware of the value the real estate agent brings to the process.

I also recommend that they ensure the coverage includes; AC/heat, plumbing, appliances & electrical.

@Joe Donohue in that Indiana rule you posted it says "Specifies that these provisions do not: (1) prohibit a municipal legislative body from imposing any requirement to: (A) ensure payment ". 

____________So, my last rental ended up being a BRRRR, but it was unintentional as we were over budget and decided to rent and refi instead.Purchased - $18,0000Rehab - $71,000Holding costs during rehab - $3,200All-in - almost $93kARV (appraisal) - $122kRefi amount - $77k (we chose this number to ensure cash flow.)Mortgage - $453/moFirst year rent - $895/moLong-term investment - $16kLast years cash flow - $1,100 (6.875% COC ROI)Rent at second year - $950/mo (we should be close to 10% COC ROI this year)We have about $50k equity in the deal as it sits right now.This is not including the fact that we have $10k sitting in the bank for reserves.

I've tried on two separate computers to ensure it's not my computer messing up.Can y'all please fix this so people can continue to post listings in the Marketplace?

If I close on the property after giving a 30 day notice, what can I do to ensure that the tenant leaves. 

Close on the deal.For small deals like this, there is no need to spend $10k in legal fees and jump through hoops to ensure you’re in compliance with SEC regulation.

One strategy I have seen some DIY'ers take is to draft it all up and have an attorney/CPA review the document - still saves money but also ensures the documents will protect you.The last bit of advice I would suggest is to ensure you are working with professionals who are personally invested in real estate investing - bankers, property managers, attorneys, contractors and CPAs.

Speak with an attorney to ensure you're following the legal guidelines.Originally posted by @Bryan Carleton:@Alina Trigub Can you help me tell me what would make it not worth doing?

They would do better with you defaulting than if you performed so, you can bet the numbers are going to work in their favor and have very tight covenants to ensure if you do default, they benefit from it.