You can get real creative with the seller... i.e. carry at reduced monthly payments, lease options, balloons with no payments, etc.

And if I do get a hold of him would you do a "subject 2" or lease option.

Several tenants are considering moving to less expensive properties as their leases are up for renewal.

You'll have to find some other way to cover the down payment, closing costs, and other costs.Another alternative is to do hard money or some other sort of rehab loan to get into the property, then fix it up, lease it up, and refi.

My lease also says that the tenant is responsible for damage caused by their invitees or guests.

Yeah, my business partner was born into a RE Family with a leasing contract in hand. ha ha ha.Welcome to the site..

The notice: Has to be in writing Has to have the title "Three Day Notice to Pay Rent or Quit" Has to say the name of the tenant Has to say the address you’re talking about Has to say exactly how much rent is overdue Has to say why that much rent is due and the dates the rent was due Has to give the tenant the chance to pay the rent or move out in 3 days Has to say that if the tenant doesn’t pay in 3 days, they’ll forfeit the lease.

The housing will be used as rental property and my also be lease options.

I generaly sell the properties by listing them through the company I own but if they don't sell within a few months I generally will do a lease option and refinance it to a conventional loan and then make the leasee's work with me in fixing what ever they need to get fixed to be able to buy the properties.

Mainly interested in Wholesale first to get started but am interested in commercial, lease options, and when I grow up :shock: Land Development sounds really fun!