I realize I'm very lucky in that I have considerable equity in my home, and I have outstanding credit.I have the typical ups and downs of the first time investor; I worry that I'm too eager and overlooking things, or that I'll lose money, or end up with horrid tenants (yes, I'm going to screen them!!).

In residential properties most lenders want to see typically a 6month to 24 month "Chain of Title" on previous owners.

The past three weeks are typically tough for real estate: right after Christmas and the New Year.

I do HML not for 6 months but typically 18-24 months.

So by a certain date you'd have to remove these conditions.2) Typically you put down a downpayment.

Sure, you will have a steady supply of listings, but the will ask you to drop your commision up front, and if a buyer comes in lower than expected on a purhcase price, the selling agent is typically the first comm to get cut.

Typical rate on seller financed mobile home notes are from 10 to 19%.

So I also understand what the typical investors goes through.

The deed was a typical Special Warranty Deed, except for the redemption period.

Which would mean going the typical REO route.