In many markets around the country the cycles have shifted and no money down type arrangements have dried up.

So it seems clear that a LC is quite a bit less liquid than a house, and that is a considerable negative to for an investor who chooses to sell on LC rather than keep the house as a rental.Investors that I'm familiar with who sell on LC, do so rather than keep as a straight rental, to shift the maintenance burden to the buyer, rid themselves of typical landlord obligations and tenant calls, get a down payment that is more than a security deposit, and get a stickier tenant/buyer who makes improvements and has emotional connection to the house and thus will stay long term, maybe even pay off the place eventually.

The market was shifting dramatically and I had to adjust to support my daughter.

Some folks in your shoes will put together a lease-option (if property is not much underwater) to get a non-refundable option fee from a tenant-buyer (around 3% of the option price), shift the first $x of each maintenance outlay to the tenant-buyer, and be rid of the ongoing PM expense.

This seems to me to be a gradual but massive shift in our society from donations of funds to churches and charities to funneling funds to the government entitlement programs.

Steve Foth,To make the @ work do the following:Hold down the shift key, type the @ and the first 2 letters of the first or last name.This only works, if you responding to someone in the post, or you're a colleague with that person.Raymond

It would take an enormous shift if housing demand to put property managers out of business.

2% was possible on duplexes and up from '08 to '12.90K for $1,800/month+ all day.That 15 to 30K single family houses was also possible but I had no interest in those.Haven't found 1 yet for '13 that is in an area that I want to be.Time to start shifting gears to get the returns we were getting on purchased multi family.

Tracey Stegemoller,To make the @ work do the following:Hold down the shift key, type the @ followed by the first 2 letters of the first or last name.Then look below this box, and you will see a list of names, click on the name.This will only work if that person has contributed to the post, or you're a colleague with that person.

I'd suggest you shift this responsibility off to others as mentioned above, a current letter from the investor's CPA/attorney attesting to their status per the regulation and do your fact sheet and signed by the investor.