In this completive market, it seems as though off-market deals is the only place to really find a "comfortable" position to be in (although completely aware that we are all in a risk filled area of investing). 

Get out of your comfort zone.

Establishing a relationship and building trust is the only true way for either party to feel comfortable as both have been burned from untrustworthy individuals in this business.

There is no doubt, that, if maximizing the quality of my life experiences including luxury dining, entertainment, and/or the pursuit of a job in high finance, I would consider New York.fortunately, I prefer running, mountain biking, taking my kid to the pool, and reading her books by our fire.These activities do not give NYC an advantage.But I also would not bet against New York.

I had slept on the ground that night, me and my dog... over 1000 miles away from home pursuing the American dream.This was my second flip, I was out of my comfort zone.

You should only have to do this with the largest items- mainly couches/chairs and dining sets.

If you are just partnering on a deal by deal basis then one attorney that both parties feel comfortable with is probably sufficient.

Jersey City is hot right now but like I tell my clients the majority of the time I can find them deals that make more sense in Essex County but that depends on the client and what their needs are along with their comfort level. 

In my almost 20 years of doing Subject 2's and working with other investors in almost every State in the US, in the very few instances the Due on Sale is called it is because if the inexperience of the Investor in not knowing how the transaction is to be done, (not closing with a Title Company or Attorney, not doing the Insurance correctly)Most of all, (not communicating with the seller) Bank calls the Seller to offer them Life Insurance or some other service, and the seller tells them, "I don't own that house any longer, some guy took that house from me and put some renter in it"If you dig into any investor that tells you they had a property or a friend of their brother in laws Collage roommate that had the Due on Sale clause called, you will most likely find that the investor screwed up somewhere.This is why Education and knowledge is needed on any Real Estate transaction.I get calls almost everyday from someone who screwed up on a Subject 2 and is asking to be bailed out, many times they do not want to pay for help, and things just get worse.If you know how to make the Bank Comfortable with the transaction, all is good.Last year I had a couple of hedge fund managers call me asking how they can offer their under preforming loans to Investors to by Subject 2, wow what a great deal, I could call Pace and he would have buyers the same day for a 1,000 homes, but the legal aspect of this would hold the Hedge fund liable so we could not do a deal.

I am comfortable offering cash to buy 150k deals with 1-2 day due diligence.