$5K is stronger than the average, but a $10K deposit and I am listening.

if I'm going to use my cash to Cure a note and pay back payments up to date, I want to be buying Equity I don't want to be getting to zero with my money (no equity)Lease purchase is  much stronger for the seller than a lease with option.

We paid cash but the problem is we cannot finance the property until we clear up the title cloud.If the owner will sign a stronger deed than  a quit claim then take it.

So if you rent for a year or two... you'll be in a much stronger financial position, and you'll be much more familiar with the market. 

But I'm curious what the market will look like when it inevitably recovers and, possibly, comes back stronger than ever. 

They do have the minimum qualifications, but we also have stronger candidates, with better qualifications, that have applied. 

The maintenance costs are usually much less on brand new homes and prefab designs are luxury nowadays and once they are complete you can't tell they are prefab units and they are alsi stronger then standard stick and frame homes.I think we should definitely setup a time to talk to eachother, I know I can really help you.

Start by learning how to assess and communicate risk with the deal, and how a lender would have security, and you'll be a stronger investor for it.

The operating costs are higher, but so far we have found that the rents are stronger and the length of stay (from our experience so far) is just as long in Dallas as it has been in Memphis.Even with those higher costs - good quality homes with good quality renovations and property management will be better investments than properties that look like they should have a really strong ROI but have poor teams in place.

If you haven't been to a Black Diamond REIA meeting yet you should join us at the next one in Worcester is June 16 at the Compass Tavern at 6PM if you want to meet for a coffee or something stronger and to chat about the market here send me a message and we can work something out.