With about 50% of marriages ending in divorce in a relatively short time, I would check the state laws too.

Honestly I would just look in the yellow pages and call an attorney that has realestate by his name even better ask your rehabber who his attorney is then call him. my 2 cents

Although I feel confident that we are on the same page and can work any problem out, I still want to protect myself (and him) in case something should happen.What kind of agreement should we draw up, and where can I find a sample agreement of this kind?

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We have a page that spells out FICO scores and gives resources for credit reports - http://www.biggerpockets.com/credit-report.htmlYou can check your credit report for free at http://www.annualcreditreport.com"Under the Fair and Accurate Credit Transactions Act (FACT Act) consumers can request and obtain a free credit report once every 12 months from each of the three nationwide consumer credit reporting companies.

Naturally seeing them run the properties while growing up I saw all the pros and cons related to it.

Your "team".Looking for this relating to: -realtors -attorney -cpa -escrow company -title company -anything I am missing Thanks!

Hello.I won't answer all your questions because that would take allthe fun out of it for others....Foreclosures can be good deals because at the auction you canget the house for relatively little.If a person is being foreclosed on and they have tons of equity,you really will be doing them a service by buying it so they canpay the mortgage and get their money out.You would definitely sit down with them and show them ALL theiroptions.

Everytime a relative of mine says that they'd never do that because this or that happens and evictions and the like are aweful blah blah blah, I just take a look at the way they live (check to check, etc), and think,"bring it on!"

Hello,I'm a relatively novice investor in Tennessee.