The value of your personal sphere, formal and informal, cannot be overstated.  

I don't think you need to be so formal as to have an employment contract, but you should have a written job description for each child. 

I've done smaller deals on a hand shake, and others with a formal note and lien against the property. 

Was this a formal auction or?

In addition, CCSF offers a 18-credit real estate certificate program that I'm looking in to as a way to get more formalized education.

I would implore you to get a great mentor with a true formal credit background...not just someone that's made some loans out of their IRA.

if you feel the inspection process is unfair, I suggest meeting with the planning department and formally introducing yourself and explain your intentions for their community. 

Once your friendly plan is not complied with, you need to follow your state's laws and go to court for either a formal payment plan or eviction.As for the vacancy timeline, 5 months or 1 year seems ways out of line. 

They have automated so much but I can't really find a simple way to send the formal letter. 

Two other sellers remain on the fence, and they both have a few properties.My next campaign will be slightly different as I will be putting a more personal touch into the message such as adding business cards and doing a more formal letter as opposed to a 5 x 7 yellow letter.