So here are my thoughts and a question: I've always wanted to be a developer (I created my first business plan when I was 16), and I've always wanted to own a real estate brand like Hilton or Marriott or even Trump.

My seminar was offered by the Trump institute and yes, as @Brent Fleeman said, they teach you just enough to make you dangerous.

(ok, maybe, LOL)  But if you asked @Donald Trump, @Sam Zell or @Barry Sternlicht (what?

Sometimes, doing this right thing trumps doing what may you may get in trouble for.

It was this trump card (no pun intended considering today's political climate) of discrimination that allowed the no-contest argument against solid reasoning, labeling anyone against such subprime mortgages a racist or prejudice.  

It won't matter what the contract is called, like "Option To Purchase" the intent and conditions will trump any heading. 

Sometimes there won't be enough income with the remaining people to be able to afford the place.As posted by Donald above me, if you let one out (a release from the lease), that leaves you with one fewer party from which to collect any money owed to you.

The analogy in the real estate world are people like Donald Bren, Conrad Hilton, and Donald Trump.

Once the owner has defaulted for say 3 to 6 months its not just up to the owner because the lienholder trumps them.

So I make 5K as suppose to 10K.... who'd throw that away :) On a separate note,I'm reading real estate 101 by Donald Trump, I'm really enjoying it at the moment and feel it'll lend well to my future endeavors.