A few: Sort of the same with an agent. make contact, See the property, make offer, in writing, include contingencies (sale of your house, approval of all inspections, getting appropriate funding, etc) come to possible agreement on price, have all wanted inspections done (maybe including termite, septic field, sewage lines, etc) read and understand papers possibly from the title company (when I sold mine, I used paperwork provided by the title company).

just trying to understand as my friend is trying to do that same situation...

I understand the equity chase and investing in several properties from the one.

We would be living in the house for at least 2 years because my understanding is that is when you are free of capital gains taxes if you decide to sell.

I've found a great partner to work with in some real estate and we are trying to finalize our Operating Agreement.While we both expect to be able to amicably part ways in the future, we both understand the importance of having a secured roadmap to dissolving the partnership.With that said, we are struggling with finalizing the OA, so I was hoping some people here could share their experiences and input on how they dealt with this issue.Right now, our plan is to have the following three options if a partner opts to exit:1.

And I completely understand this is a long term game an I’m ok with that.

@Jared Carpenter You should understand what your investors expectations are before finding a deal.

My understanding was a sandwich lease is basically someone you lease to subletting your unit or re-leasing to someone else. 

Understand that we look at properties differently than homebuyers.

I could potentially understand longer than a few days...and even that would depend on how bad the heat was.