Sets up automatic requests for rent, and is a fairly bare bones but SUPER easy to use system.

From his seminar, it seemed like he really cared about teaching Lease Options and I expected the weekly calls and others to be more interactive where you can sit in on the call and ask questions.

If the agent can send you comps or sit down to go over them with you then you both can be on the same page.

Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?

I upgraded the “bones” of the property and the cosmetics.

Leave some on the bone for the end buyer.

If you hired a GC to do some work, and thought that you had to be there, sit n watch them the whole time or else when not watched, they wouldn't do anything....

But something didn’t sit right.

The bones were solid, but it was a project.

Risks: rates go down and you have to pay a prepay of 2 or 3 %; you have to sell and pay the prepay; rents decline & you can't make the payment like any other type of loan; cost upfront a little more than conventional; need to find experienced broker licensed in the state where subject property sits; servicers are bulldogs.