You spend your profits ONLY...and use(invest) your seed money to infinity...and beyond.hi Joe - i do not own any properties at this time, and flipping isn't for me (maybe for now, maybe i'll explore this in the future).what you said you wouldn't do is exactly what i would do; i need to start building a portfolio of rentals so i'd like to invest in one or two condos in the area at this time. my seed money would be my start up money. i'm not sure how to make a profit without it (spend money to make money concept here?)

I feel I have a firm grasp on the basic concepts and terms used in the business.

I'm basically confused because "buying it right (price wise)" seems like a relative concept. 

Here's an article about them in the Wall Street Journal, you might see a familiar name in it.

The house has an open concept kitchen that looks out over the dining and living room combo.

My only concern is the month to month concept as that could prove to be a management time hog.

If you ever want to learn about note investing, you can always contact me and I can give you the main concept. 

@Susan Cribb could you please expand on the two concepts you mentioned?

Cash Flow Quadrant is a good book at explaining these concepts in more detail without getting too heavy into the numbers. 

Can anyone reflect on the concept of pre qualifying tenant buyers for a Rent to Own program using criteria that is not as extensive as if they would be applying for an outright mortgage?