I need to strike a better deal with the seller or he needs to find a 20% down buyer.I also received a new rent roll.

My opinion, strike while the irons hot, while you have their interest.

He sees a newbie investor and sees a way out.There's an extra strike against an expensive property like this.

What strikes me about that fact, is this idea that mostly professional investors own rentals.

I can understand trying to get to a place that you can strike a balance, and again I'm not saying leverage is bad.

I am for Ron Paul...He strikes me as the only honest guy up there, on either side.

You should have an achievable project plan fairly well mapped out.Making improvements as the mood strikes simply is not efficient.

But I will ask her to keep her eyes and ears open to see if someone would do that.On the other hand, here's something that I came up with while talking to her:We purchased the house for: $410,000Lease Option to Purchase - 5 Yr Lease - To be Sold @ $325,000 in 2013.Monthly Lease: $2850Credit toward Purchase price: $1050Actual Rent: $1800 (no rent increase for 5 years is a deal I am planning to strike here)Option Fee: $5000Price at end of Lease: $262,000Savings we need at end of lease: $150,000Owner gets a good down payment and financing.

I have been threatened with legal action for a wide range of things from harassment, discrimination, improper maintenance of property, even striking a tenant with my vehicle.

Contact the owners of your debt and either strike a one time deal, or pay it off monthly.