It's indeed not very common that a developer would build a house for you like that so I imagine he'll do it because of your relationship.

Sorry to hear about your relationship issue.

He was previously my teacher in high school, so I've had a relationship with him and I've signed a buyer's agreement with him.

Although I could do the same on Excel but the interface, saving deals and most importantly the search function seems nice.  

Consult a CPA to align the choice with your retirement goals.This post does not create a CPA-Client relationship.

@Dylan Jeluso Brother, I have both a GC and a Real Estate license, and if someone had advised me earlier, I would have focused on building deals and relationships first.

@Bart Lucas a rent to own option is a unilateral relationship (not bilateral).

Use an excellent property manager. 

I'd like to add that for anyone else wanting an to convert their primary property one day build good relationships with your neighbors in the mean time.

Regardless of your real estate investing strategy, pre-foreclosure properties can be an excellent way to purchase real estate at a low price.This post originally appeared on the BiggerPockets blog.12.