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arrive back with apartment building tycoon and its your friend and its your partner and its your mentor thats going to show you how to actually get into these deals here so step 5 now is actually go get into the letter of intent and a letter of intent is a non-binding agreement once again it is a non-binding agreement so you dont have to be afraid to send these out their letter of intent says this is what needs to be done in order for me to do my due diligence and you can send these out this is not a contract after you fulfill the letter of an intent and you are happy with the things that you find then the next step is to go into the contract but letter of intent 9 binding dont be afraid to put these out there ok so this is just an example of what it looks like there Miss Smith based on the information furnished by you thats why we have to get the rent roll and thats why we have to get the the profit and loss a statement okay which it basically gonna show us everything so base
