In CA a third party, escrow agent, generally holds the EDM, but at times, the FSBO wants to hold the EDM or is unaware of how to hold the EDM.

We have had multiple phone calls with all parties, and our owner has taken time to personally speak with him as well.

Unless you're partying in Hawaii and picking real estate without doing any due diligence at all.

Just like 15 year vs 30 year mortgage,   The sad part is he refuses to admit why it works.I think it is because he is scared of my new SCAMS (tm) program.  

This guy claimed to have hundreds of homes which was a complete lie and then drives idiots around the Philadelphia hood in a party bus for thousands of dollars. 

They employ 3rd-party people to handle your property and rarely have a second set of eyes checking for underlying problems.

Definitely would be ideal for where I am at right now, the hard part is actually finding a private money lender!

Think lakefront properties in small towns, destinations with new attractions (casinos, amusement parks)...Another idea is investing in properties suitable for accessory dwelling units to create dual-income setups, especially in cities with relaxed ADU regulations.

The hardest part is finding the right people  to talk to i.e sellers, lenders, contractors, and not stopping until you find them the rest will fall into place because you have thw info in your head and a mentor(jerome) that will guide you when you get your deal rolling.

@Carter Mayberry  Just commenting on the "free up my DTI" part.  I