FHA uninsured have owner occ period of 5 days(after the lottery period where only government and non Profits can bid).You are right about asset management companies having different rules on closing dates.

Because tenants have unique needs, finding one in a place this big is a lottery.

The next one says not to count on becoming financially free from real estate because its like hitting the lottery.

There were over 40 people waiting to see if they "Won the lottery"and had their card selected.

The former is like "I want to win the lottery" - it may not happen; the latter is going to happen, so figure out how to mitigate things.Definitely don't do a one-year lease starting in Jan in the northern parts of the USA - I would stop at 6 months and tell the applicants that do come around that you try to align your lease endings with the end of the school year in the early summer.

Because unless one wins the lottery or inherits daddy's millions, it mostly takes hard work to make money.

It's rather simple...a short sale and two REOs sold for about 90% listing price with no allowance for repairs.Versusoffers have been starting out around 70-75% ARV minus repairs Explainsstill no dealIt seems to me that you may be hoping to get lucky; in the same way that someone buys a lottery ticket; Someone's Got To Win, Right?

Most people don't realize that real RE investing is a long term commitment to learning and application, not a lottery ticket.

Internet Rental Scam: If you have a property listed on the internet, you must read this..If you currently have your home listed for sale and/or rent-to-own on ANY popular website (CraigsList, Rental Properties, Buy Owner, etc.) please be aware of a scam that has been making the rounds for most of this past year.This specific scam is originating out of cyber cafes located in the little known Republic of Liberia (you are probably more familiar with the Republic of Nigeria to the east, and the popular e:mail scams that promise huge payouts from the Nigerian lottery, or requests from a Nigerian diplomat who needs assistance in moving cash out of his country).

This gives the investor a "CD with a lottery ticket attached" and is very appealing for those that seek steady income and the opportunity for capital gain.