And the roofer and electrician that were used both filed mechanics liens, so he didn't even pay people.So, the moral of the story is to get really good estimates and don't miss anything.

You're lying if you say you have a buyer, or that you will buy a property and you don't have the ability to do so yourself.For those too lazy or too stupid to pass a real estate exam and get a license, get off the block, you need to find a morale ground to base your business on.

I'm never going to hire this company again (not because of one bad crew but I now notice more red flags now from this small business.But I'm a terrible businessperson because of my morality, integrity, and kindness  As I get older, these values get stronger.  

Morally, I should also tell them that I'm about to own their third year property tax certificate and will call a foreclosure on their *** the first moment I get.

the attorney then tried to read my friend the original contract (without the addendum) - sneeeeaaaakkkyyyy...the moral of the story - first, my friend who invested in this property - probably should have paid more attention to the C/o situation himself.NEVER RELY ON ANYONE SOLELY.

So what your saying is these people Im talking with probably arent deals, and that by wasting my time with them I am running down my own morale.

Moral of the story, as I said, this is NOT a good deal.

I'm studying the material, but only to educate myself.After reading J Scott's book and chatting with other investors I've learned that having a license can (in some ways) hold you back as an investor since you are held to a certain moral code of conduct as a Realtor...so, I'm taking his approach to it.His wife got the license, and he stayed without one...at least for a while...I believe he has one now possibly :-)Also, which course are you taking?

What are my "reputational"/moral obligations- What if I make an offer and then they accept months later and I cannot perform?

BP is a funny place every one cheering you on.. but really have to follow your own moral compass here if the land alone is worth 100k or more.. and she owes 10k.. she could list it and probably sell it close to 100k in time to pay her foreclosure.. your about to wipe her out and take her inheritance from here..