Worth area is a futile move.Granted, a good percentage of people do it FSBO because they simply don't have sufficient equity in the property to cover the 6% Realtor fee's but, as I teach/preach in my classes...

If you are only making 30-40% on that investment through rentals, will it be enough to provide the fuel to grow your business sufficiently.

A carefully-thought-out financial plan for any considered propertyI've seen too many new business owners fail and lose everything because they really weren't financially prepared and organized when they opened the doors.Trying to jump into this without sufficient funds and without a good plan means you're dealing from a position of weakness.

A Bachelor's Degree is sufficient to get a "real" job and I think it makes a lot of sense for you.A realistic plan: Go to whatever school located in a city where you would like to live.

I certainly can't say if I cant resell your home I'm not buying it...I dont think an inspection contingency is really sufficient,right?

Remember, notes are sold every day in bundles of multiple millions of dollars, they are a standard financial instrument, just like government and corporate notes and bonds.The money comes when you buy a note at a DISCOUNT sufficient enough to earn you an ABOVE MARKET RETURN.

The number one reason they fail is that they don't have sufficient cash flow for their business to survive.

Perhaps even 10% may not be sufficient.

That's not real expensive and I've done some of them myself.I've seen older places that the service panel was sufficient but it's probably not, probably from $900-$2K to fix that.Older houses don't have nearly enough outlets per foot of wall space, again it's not difficult but if the electrian is there he can do those too.

I discovered it last night and probably read the entire REO section.If I get a Limited or Special Warranty Deed on a bank owned property, will my title insurance be sufficient protection?