These aren't just acronyms thrown out, it explains what you are taking out and why.Anish Tolia  for supplying these tools and this forum.

I can tell you from experience, if you have anything to do with a financing deal, you introduce the option, you advise, you provide documents, give assurances, accept a payment, when that borrower defaults and the lender gets an attorney to foreclose, you'll be getting a phone call, that lender may love you until that attorney explains your responsibilities.

If they are solid real estate company then they will surely explain you all the process about transparent fee breakdown.

If you are fully 100% crystal clear on what you want to do and explain that to a broker/agent and they say no you can still stay professional and keep things cordial.

I put a short acceptance window and explain I will not be tied to a property.

So, all in sum, the simple question here for all of you here in BP community is: What exactly would you do if you were in my shoes with the situation I just explained?

I explain to the applicants before they sign my lease that this is how I expect them to pay rent.

Thank you so much Mr.David, that was very detailed and well explained.

1) i don't know of a state where performing a real estate function for another is legal without a license...so i would love to know which states permit that2) if you dont have a lease agreement, then you could be considered a squatter and even if that does not apply...you most likely have no recourse3) improvements are explained in a lease agreement and most of the time require owner approval and no reimbursements - improve at your own riskgood post with many lessons to be learned/

Can you explain the payroll?