she has blank checks that we have signed - ernest money is a snap!

Then make a work list for each room and a line item for repairs like:Demo  Cost $ ______ Time - Days ______ Electrical Cost $ ______ Time - Days ______ Sheet rock Cost $ ______ Time - Days ______ Paint Cost $ ______ Time - Days ______ Fixtures Cost $ ______ Time - Days ______ Window Coverings Cost $ ______ Time - Days ______ and so on etc and there are plenty of places to get a blank list like thatGo around inside and out side, (roof, siding, foundation, septic, fencing, landscaping and so on)You should have a sheet for each room of the house and at least one sheet for the outside.Then you add carrying costs, Cost of money, Costs of Pizza for the guys to keep them working, etc, etc, etcThen you add it up and subtract from what you think it will sell for. 

My father and I stared real estate investing in Southern Ca (San Bernardino and Riverside County)as it’s been something we have always wanted to do and now that he’s retired we’ve got time.

Anyone can take pretty pictures and put them on the internet; and many people can negotiate on price; but there are a lot more blanks in the Purchase & Sale Agreement than just price.C) A real estate agent usually earns their money between contract and closing. 

I think I have to study your comments a bit before I can fill in more blanks.

FARBAR clauses that I pay particular attention to would include:- Suggest a conveniently located title company for both parties (2a)- Make sure everybody is very clear on the closing date (4)- Decide whether you want to be able to assign it or not (7)- Decide whether it is a cash or finance contingent contract (8)- Decide whether the buyer or seller is paying majority of closing costs (9c)- Give yourself a decent inspection period (12a)Aside from that, just make sure they initial every page and sign where indicated and if there are no agents/brokers involved, then make sure that section at very bottom of FARBAR is left blank.

One blank let loan for 10 properties verses 10 properties with 2 Mtg.s each.

Og Mandino's book The Greatest Secret in the World kept me motivated by keeping me focused on those goals with its daily and weekly exercises that last a year to complete.I also learned the technique of taking a blank sheet of paper every day and writing down my most pressing problem at the top ("find more sellers," "find more buyers," whatever) and then coming up with 20 possible solutions.

Do I leave all of those blank?  

For those interested in this conversation: I started a blog post series dedicated to people sharing their experience with syndication.In terms of thought leaders, Michael Blank and Joe Fairless are great resources.