Otherwise you'll be the proud owner of a bad deal.Don't compete with the government for that distinction.

BUT there is at least one company out there that makes (creates) a distinction between the three and have three separate programs to offer: Lease Option for one or two years (no obligation to buy), Lease Purchase (rent for six months before having to close), and Rent-To Own (Tenant pays extra rent that is held until enough Option Consideration is saved up to do one of the other two programs).

I would like to make a distinction between "investor types" because I have been getting too many calls and emails to mention from newbies who seem to be attempting to jump into this and can get themselves into a lot of trouble without realizing it.

This type of investment offers distinct ownership characteristics that are different from other forms of joint or shared ownership. - Each owner holds title to an undivided fractional interest in the property.- Ownership percentage on a TIC investment doesn't have to be equal.- Each owner is entitled to their ownership percentage of income, appreciation, deduction of mortgage interest and depreciation, etc. - Each TIC owner retains the right to transfer, partition, and encumber their interest in the property without agreement or approval of the other co-owners.

I have no idea how long it will take to get them back on.Third - they disputed a debt as "not mine" when I distinctly said IT WAS MINE and wanted to pay because the company was great to me.

I distinctly remember a pipe dream of buying a house at one point and then renting it out after I left.There are a ton of older houses just south and east of campus that are prime for student rentals.Onto my goals, I just want to close my first deal in 2007.

@Jon Holdman Agreed, but I would describe wholesaling more so as a business rather than a job and I think that is an important distinction to make.

Some of the stain finishes (especially if sealed with a clear finish) look very sharp and would give the rental a distinct look and set it apart.Ironically, I am actually planning to try this first in my primary residence.

There is no distinction, those are the same thing. 1.

The distinct ancillary advantage is the fact the kids are becoming very aware (@ a young age) of RE investment potential & the convoluted financial implications.