Also with the market as bad as it is here in Michigan we may have to do more land contracts, LO, or rentals.thanks again

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He says its all about contracts, and how they are written to circumvent the anti-L/O legislation.

you get alot of advantages from them in terms of appreciation, depreciation, amortization and of course, IF YOU BUY RIGHT, C A S H F L O W.the problem with "flips" is you can buy it, but that doesn't necessarily mean you'll "flip" it.

How did you grow lo large so fast?

Most L/O tenants feel the same way.

Well, lo and behold, she's suddenly reading Rich Dad, Poor Dad and has completely changed her views on wealth.

I am getting started in LO/Rent to Own, and have found this book a big help - Making Big Money Investing In Real Estate, without Tenants, Banks or Rehab Projects - Peter Conti & David Finkel.

@Antonio Bodley If you are talking about a sandwich LO, where you are making payments to the seller, and the tenant is making payments to you, then you would need to pay the owner something for option consideration, but that can be as small as $10 or so.It sounds like LO's are fairly new to you, so I would not recommend a SLO for your first time out of the gate.Just focus on a LO Assignment, where you are assigning yoru contract.

@Virtus Davis I would look to just assign the LO.