It's not a money issue but more of a  **** this rule attitude. 

Like your attitude!

I would like to reiterate something:Lease Option Assignments andSub2 purchase then renting or Lease 2 Own need CAUTION:These aren't in the Wholesaling model below median prices.These are houses ABOVE the median in good school districts in safe neighborhoodswhere demand for 3-4 bedrooms, 2 bath + houses is highwith fenced in yardswith 2 car garages with internal accessThe existing financing is a low rate and fixed not an ARMThe Seller wants to do this because the alternative to renting out or selling with an agent is not attractive.Get the house right, get the existing financing right, get the attitude of the seller right as to the risks if the tenant buyer does not get financing, get insurance in case of damage with a landlord tenant policy, etc.This model has an educational component of increasing FICO with getting new credit references (secured installment loan, secure VISA, etc), how to get a home loan with either FHA or other low down payment, decreasing D/E under 43%, going through a mortgage broker with tenant buyer, etc.

I wonder how people stay in biz with an attitude like that!

I appreciate David Pere for the morale boosters and attitude alignment you provide on all you platforms.Thank you BP website, production team, and members for the information and inspiration you all provide.

I spent 5 hours there last week and looked at most of them.. typical C B stuff not war zone by any means.. all need some work.. he has two crews going steady and the PM that we hooked up with rode around with us all day.. but  and this is a big butt we did not fool  around all cash offers no financing needed close as soon as title was ready and the goal is 50 plus this year... and we are 1/5th of the way there in less than two months.. so its not hard to do in the mid west.. however if your going to have the attitude of the  person that posted.. its not going to happen remotely you need to go there..

It sounds like there's an attitude of "let the courts sort it out," so there ends up with several sources and opinions of information rather than standardized rules.

I think this is a poor attitude to take.  

The weakest link for any starting investor is their attitude when it comes to producing.

There is no 'norm', just what most tend to do.Good call on the attitude, only I wouldn't risk the $10k unless I knew it was safe.