One of the major rules of real estate investing is never fall in love with the property.....but as someone who has yet to cut their teeth on their first deal.

As easy as this sounds, it's not simple and usually like pulling teeth.

Not sure how to handicap a buyers desire for more teeth - any thoughts?

Are you planning to cut your teeth on your friends cabin to get that experience?

Don't forget to gnash your teeth.

Here's what I've gotten from these (though with more detail of course), if I choose to "chase" these down, please correct me if I'm wrong:Get it with favorable loan termsThere should be a spread between payment and rentResale of these must also be done with favorable termsIt's not worth the risk unless it's being done for $5K or moreIn an ideal situation you're controlling the property instead of owning it, and are able to do things to it to drive up the appreciation ("creating equity)Seller Financing should be in place (to buy and sell the property), probably with some kind of exit strategy involving a Lease Option.It's primarily a cash flow strategyThe risk factor is pretty high, so it's best not to cut your teeth on itThanks again guys!

Look at the guy in the mirror when you brush your teeth.

Now, for when things go bad.......Yes, I have lot's of teeth in my lease, big, razor sharp, nasty teeth to it.

It has no teeth unless secured by a recorded mortgage.

I have some friends who are custom home builder GC's in Colorado who are working on a new construction home, and even at a 5m price point they said getting bids from subcontractors is like pulling teeth and taking months to come back.