Account Closed  thanks Rick its really not a buy and hold for us.. as we are in the repositioning business mainly.. but it will be a killer buy and hold to whoever buys it from us.. solid 6 to 7% return .

If I can help let me know (realtor) Oh, and if you get a killer wholesale deal I want to know about that too :) 

Are there any expenses I'm forgetting, or does this seem to be a pretty killer deal overall?

I know I am having trouble finding deals right now so if you brought me a killer one we could likely work out some terms.

Those dues are killer tho.

Some fans of this strategy have better explanations why its safe and viable ,,,than others.Keeping thought thought ,Ive heard Killer Investors here in Los Angeles say they wouldnt touch Lease Option with a ten foot pole,,,very frustratingUltimately you gotta "Man Up" and make your own decisionKeep me posted,Ill do the sameDave DoyleLos Angeles

Though these expenses may not come up every month, when they do they are a killer to checkbook balances.

For instance, if I could find some killer deals on some beach front properties located next to Laguna Beach or Newport Beach, I would definitely do it, even if they were slightly cash flow negative to start.

Compound interest is a killer!

We DVR and watch Flip or Flop and enjoy it (odd how their projects always seem to turn into money makers....)I've bought @J Scott book on flipping houses, but in our small market the really killer opportunities are few and far between.