Also since it's a slow market where I live, I will also be offering my completed rehabs (that don't sell in a predetermined period) as lease purchase (rent-to-own), or outright hold as rental properties.

Also, having predetermined what is important to you in a loan - speed, low down payment, no credit check, or low interest rate/fees will enable you to concentrate on the lenders and brokers that deal in those types of loans.One important caveat - If you have 25% down payment money available, a credit score of 720+ and the time to close, you will be able to score a long term low interest rate loan that will allow for a positive cash flow on a large number of investment properties.

In fact retirement accounts will penalize you if you take YOUR money out before a predetermined 'retirement date' .

:It's what the fair tax concept is based upon, of which I am a proponent....sorry if I am too simple...maybe I should find something else to do...One has absolutely nothing to do with the other...and the two financial models are completely different...The Fair Tax is -- in theory -- a fixed, non-negotiable tax charged to a pre-determined party (the end-user).

Then have the original tenant pay the $200.Of course, much is predetermined based on how the cancellation cause is written in your lease agreement.

(3) I get him paid up, and then we have a legal agreement that we "co-own" the house and he has to keep making payments, and if he doesn't, I can buy the house for a pre-determined price if he gets behind again - I read about this somewhere, but it's not clear how this would work to me I'm leaning toward (2), to draw up a legal document saying that he is selling the house to me, and at the same time, pay off the bank for him and get everything level so that the sale can go through and I have time to get conventional financing.

I assume you have a predetermined price, how long is the option good for?

Have a predetermined minimum criteria for your tenants.

That's the problem with having a pre-determined price in your option in today's falling-value environment.You could try to play hardball and tell them they're obligated to pay the contract price to exercise the contract and get the credit.

As someone who dabbles in day trading once in awhile, I always set my exit strategy before going into a position, taking gains or losses at predetermined prices without (much) emotion in order to profit or cut my losses early.As a young real estate investor with a full time job, I have been acquiring SFH rentals at 60% to 70% discounts from 2006 highs in the Phoenix market.