Im in dire need with some assistance with this matter.

We have a dire shortage of single family residential rentals right now (98% absorption).I am coming to BP to network and meet investors that would like to build a great income stream and wealth inside an Austin, Texas portfolio.

Europe is in dire straights, other economies while more stable are not large enough such as Canada or Australia.

I try to keep a current list that i can shoot to potential clients if they show interest in certain areas, but most defiantly mot of our sales comes strait form the MLS.

Will this put me in a dire financial situation? 

Unless you're in a situation where you're not in dire need to fine another job (a partner who can carry you) then maybe you can spend a little time on it.

Where I live, our state has scared buyers sh&tliss about the dire health consequences and clean up costs of 10 drops of diesel fuel so not removing an oil tank is a non-starter

Otherwise, with a strait lease option (you have the title) he didn't mention anything about it.One thing that was brought up many times was that the Due on Sale clause could be exercise by your lender if it is in your mortgage contract.  

Therefore I am not distracting myself with a website or exactly which business entity I will choose or even domain name purchases yet.But now that I am attending local meetings and finding other networking opportunities, I did determine that I was in dire need of a business card.

., may not make sense for you.However, if you can find an tenant / buyer interested willing to purchase the condo a little below market $375K; sell them the option to purchase and then (separately) rent it to them until they exercise the option, you might be able to mitigate your loses a little better than a strait sale and bringing 40K to the table.