Anthony, I implore you to find a local Investment property specialist. 

Would someone who is a “Real Estate Investor” implore this strategy?

Would someone who is a “Real Estate Investor” implore this strategy?

I’m actually serving on our governmental affairs committee to help interview local politicians who are running for office, so that they align with our goals of protecting our private property rights and a multitude of other items that are of importance to us; rent control, insurance etc…Those of you out there, I implore you to get involved, participate and most importantly VOTE

While waiting the 2-3 weeks for an answer his secretary called us a number of times imploring us to complete & submit a 20 page information gathering paper they had given us so they could review all our investments.

In addition to wholesaling, I would implore you to house hack as well.

You should have an AUTOMATIC "extension" clause fo anadditionalr one year in the event you don't exercise and you should offer to deposit more cash (pre-determined) to owner within 10 days before/after of expiration date as goodwillI IMPLORE you to make sure you get your name on title OR and legally record the option agreement at the county recorder's office or file Notice of Pending Sale against the title.

Still, if the cash flow is very little, or even a bit negative, but you can hold on to the property for 4 or 5 years, you will gain an average 20% net worth on said property that belongs to you and only you.There is a saying I love in the stock market, but I feel it also applies to the real estate market:"Time in the market always beats timing the market"This is to say that if you hesitate and don't pull the trigger for fear of having "missed the boat" you could be missing the boat that is passing in front of you.So, to summarize, I would look at other markets, but I implore you to look for a good realtor who can provide more than just the properties.

I have limited time at the moment, so implore you to search rather than me re-type lots of info here.With a six bedroom house you need to be concerned about maximum occupancy bylaws and local zoning as others have pointed out.  

So I would implore you to take this tip I have for you seriously.Tip: You NEED to be hooking the right seller from your ads, also known as your customer avatar/ ideal prospect.What do I mean by this?