,Seek Legal Professional AdviceThere are many, many laws for either option you must follow.A Contract for Deed can be very complex and the considerations lengthy.

First Property:(2nd will be separate post and for your sake probably not as lengthy*This 3/1/1 within 3 miles of San Antonio's huge Medical Center is one of the few true hybrids I come across.

I find that it is generates a better response rate as it generates curiosity.Your letter is a bit lengthy so I would recommend toning it down a bit.

Thanks for the lengthy feedback@Todd Plambeck and @Wayne BrooksThanks for the feedback as well.

@Dion I am very impressed by the fact there were no mispelling and excellent grammer despite it's length. I

Does that account for major event like significant tenant damage, a special assessement by the HOA or a lengthy eviction?

I apologize for the lengthy into, I tried to keep it high level or this would have been a novel!

The lower earner brother that doesn't meet the income requirements is young and has a good, but not lengthy credit histroy.

Keeping things arms-length is the rule with self-directed IRAs.

There was a lengthy debate about these a few months ago:http://www.biggerpockets.com/forums/95/topics/76193-actual-value-or-replacement-cost