0001468010-12-000113 Sample Contracts

PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • October 4th, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of September 28, 2012 (the “Effective Date”), by and between HILLIARD MEADOWS APARTMENTS, LLC, an Ohio limited liability company (“Owner”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Manager”).

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PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • October 4th, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts • Ohio

This PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS (“Agreement”) is made and entered into as of the 8th day of August, 2012, by and between GARY L. SCHOTTENSTEIN, an individual (“Seller”), and STEADFAST ASSET HOLDINGS, INC., a California corporation (“Buyer”), with reference to the following facts:

ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT
Assignment and Assumption of Purchase Agreement • October 4th, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR HILLIARD PARK, LLC, a Delaware limited liability company (“Assignee”), all of Assignor's rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated August 8, 2012 (as may be amended, the “Purchase Agreement”), between Gary L. Schottenstein, an individual (“Seller”) and Assignor for the purchase and sale of that membership interest relating to that certain real property located in Columbus, Ohio, as more particularly described in Exhibit A attached hereto (the “Property”).

MEMBERSHIP INTERESTS ASSIGNMENT AND ASSUMPTION
Membership Interests Assignment and Assumption • October 4th, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts • Ohio

THIS MEMBERSHIP INTERESTS ASSIGNMENT AND ASSUMPTION (this “Assignment”) is made and entered into effective for all purposes and in all respects as of the 11th day of September, 2012, by and between Gary L. Schottenstein, an individual (“Assignor”) and SIR Hilliard Park, LLC, a Delaware limited liability company (“Assignee”).

ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT
Assignment and Assumption of Purchase Agreement • October 4th, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR HILLIARD SUMMIT, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated August 8, 2012 (as may be amended, the “Purchase Agreement”), between HMSREG, LLC, an Ohio limited liability company, and CSL HILLMEADOWS, LTD., an Ohio limited liability company (collectively, “Seller”) and Assignor for the purchase and sale of that membership interest relating to that certain real property located in Hilliard, Ohio, as more particularly described in Exhibit A attached hereto (the “Property”).

MEMBERSHIP INTERESTS ASSIGNMENT AND ASSUMPTION
Membership Interests Assignment and Assumption • October 4th, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts • Ohio

THIS MEMBERSHIP INTERESTS ASSIGNMENT AND ASSUMPTION (this “Assignment”) is made and entered into effective for all purposes and in all respects as of the 28th day of September, 2012, by and between HMSREG, LLC, an Ohio limited liability company, and CSL HILLMEADOWS, LTD., an Ohio limited liability company (collectively, “Assignor”) and SIR HILLIARD SUMMIT, LLC, a Delaware limited liability company (“Assignee”).

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