People rent for many reasons, but some common ones are: 1) they do not have sufficient resources to make the downpayment on a property purchase; 2) they do not have the credit history to qualify for financing; 3) they are in the area temporarily, or periodically, and do not wish to establish roots (students, oil field workers, politicians & staff attending the legislature, etc); 4) home ownership is just not right for some folks.

@Joe Delia will be helpful but remember that he not only is an investor but his full time job is being an agent and they need to make a living as well.The more self-sufficient you become in property research the easier it will be to find an 'investor friendly' agent.

The answer to this question will vary wildly based on your state's law and the particular circumstances involved, as others much smarter than me have already opined.Practically, if the lender calls the loan based on a default of the DOS clause, and you quickly cause the property to be deeded back (either because you own the related entity or there is some contractual provision with your buyer, etc. that allows you to require a re-conveyance), I doubt the lender is going to go through the cost of a contested foreclosure whether or not it is a legally sufficient "cure" of the default.

I have seen lots and lots of BPO's and I just do not believe them to be sufficiently accurate when large amounts of repairs (sometimes just moderate) need to be made to the property.

Rehab increase the occupancy and potentially look at selling and just keep going until I will have sufficient funds to buy rehab and hold 3 multifamily complexes.

So whether or not it is best seems to depend heavily on the purpose of the raise, whether or not one has sufficient capital from their Regulation D placements for their projects, and one's tolerance for legal risk.

If I can find great deals, then I may be able to go into different real estate investing directions, as the opportunities arise.I am currently learning to navigate my way through the vast amount of information on this site.

Though I have been a landlord for over twenty years now I still consider myself somewhat of a novice when it compared the vast options that are out there.

The promise to buy and the promise to sell should be sufficient consideration.

You'll need earnest money in the real world, you need title opinions, you need to pay fees and for assistance, attorneys don't work for nothing.Income, do you have a job that gives you a disposable income sufficient topay those small costs of getting a deal through?