A lot of people get themselves in trouble by acting as a conduit to mild fraud or just general deceit within the rules..Hmmm, he is bragging all over Youtube how he is making $150,000 from one guy's equity, on one transaction, by bailing him out of foreclosure.

But rule number 1 and 2 in investing is don’t lose money.

You will average about 0.8% rules here in Columbus with section-8 rents.

You just have to do a LOT of homework and play by the rules.

Quote from @V.G Jason: Everything I've seen has been since before the ruling; the seller is paying both sides. 

From my experience: SMS has the best conversion but is the most regulated, so it depends on the rules in your market. 

Leverage local experts: Connect with an architect or zoning attorney familiar with Scranton’s rules.

Careful going outside state lines -- contract for deed is not allowed in Texas.I didn't think COD is illegal in Texas, just perhaps not recommended anymore, because it is difficult to comply with the rules or regulations. 

Quote from @Glen Wiley: I am not a big fan of those rules - I think they are too simplistic.What will your interest rate be?

If property is done right even in todays market you can hit 1% rule and attract very desirable college students.