Depending on who that is, you probably won't be able to do a L/O from them.5 - what are the typical days on market in that areaJoe VilleneuveREcapSystemA2REIC

Thanks for the input Jeremy'I have always liked LO as a valid strategy ,with a caveat,,,As long as all parties get what they want at the end of the road,,,,Having said that,as easy as the concept is,I am finding LO a tough little nut to crackMaking "the moon and the stars and the solar system" line up before I can put the deal together,,,Lots of moving parts to say the least,,,I dont need to be haunted by a pissed off seller or tenant,,in my station of life,,[Im no spring chicken,,,you wont see me in "The Cage" at a WWF bloodbath fist fight,,sorry guys,,not todayHonestly JeremyThanks for the good adviceDD

I'd suggest LO assignments and wholesaling, then get into sub-2 or SLO's or rentals. 

You want to be putting people into properties who are going to have the ability to qualify for a mortgage to buy the property in the option exercise period.There are clearly lots of logistics that need to be determined based on each individual case, but this is the basic L/O assignment process.

In a L/O you do not own the property unlike Sub2 so there is no question of the bank calling the note due.

So your LO was correct but she just didn't give you the entire story.

@Marcus Maloney     @Brian Gibbons  is not as attractive as me but he's forgotten more than I know....You talk about wholesaling a LO...but then you come in with the owner's financial data....I think you need to get a clear understanding of what you are wanting to do...Are you wanting to tie these up then ASSIGN a contract?  

It sounds like maybe you're talking about a sandwich LO?

I understand LO-listing office; LA-listing agent but unsure of SO and SA as it appears to be in reference to the sale.

Lo and behold, I now get them at least every other month.