I have no emotional attachment.This puts me back to Square 1 and I will no doubt come again seeking further advice, and welcome all Naysayers of course.

The signed walk thru sheet is also critical.Then, if you think there will be a dispute or you need to seek damages, take pictures when the tenent moves out.

If you are seeking to finance the transaction a good mortgage company should be able to facilitate the transaction for you.Good luck on your transaction

I didn't make any money but learned plenty.My current plan is to seek out a real estate developer / investor in the Destin, FL area for whom to work.

In addition, RESPA prohibits fee splitting and receiving unearned fees for services not actually performed.Violations of Section 8's anti-kickback, referral fees and unearned fees provisions of RESPA are subject to criminal and civil penalties.

It appears that Alice has drawn up a few posts from the dead -- both of which have offered an opportunity to advise that the users seeking money pay for training -- take from that what you will.

Now you may find somethimes that what you seek is right under your nose just keep looking 8) !

I did see a clause on prepayment penalty for the term loans.

When you are all done send the son and the dad a bill and after about a week make a nice call to the dad and let him know you haven't been paid and would be going to small claims court to seek payment from him and his son.

Seeing this thread encourages me to be more courageous and seek out people.