How you approach the mentor demonstrates how you will approach real estate investing.

You will need to be able to demonstrate track record, expertise, and have a game plan you are capable of executing.

Thank you for providing videos to demonstrate the extent of the before and after.

., @Jay Hinrichs demonstrated the market is significantly different then the last cycle.

But you would have to hold it as a rental for a while in order to demonstrate that your intent was to hold and not primarily for resale. 

For the ATL market, especially things near downtown in developing areas, as a cash sale, should I have asking price plus some percentage beyond that to demonstrate proof of funds?

(sure equitable interest may or may not hold up to judicial scrutiny though, from a business perspective, hanging your hat on this legal theory seems unwise)Being a broke college student who had no experience and wanting to do everything right, you'll have a hard time assigning these contracts since you don't have an established list of buyers who trust your judgement or some other way to demonstrate your expertise.

@Greg Morton you might be surprised how well this works to launch an investing career...send me a PM and I'll forward you a presentation that demonstrates how I did this and received a 200% ROI, collateralize and leveraged the property to buy and flip houses, pulled a huge HELOC to buy other properties, and currently rent the same house at $1,200/mo. with a $400 note payment...maintenance free...and a debt that will be paid off in 5-6 years entirely.

@Scott Kimminau if this was a serious case they would be waiting to write a demand letter until she could demonstrate actual medical costs and damages.

May not seem likely, because you are looking at it like a rental, but as my example showed you can and will make money when using other systems then the rent and hold rental system, which is not a bad system, but not all properties fit its model.You can make money on almost any property if you understand and use the proper system that that property fits into.It may not be for you Mike, but as I have demonstrated, with this property you can make money.