Like you mentioned, 80% of our economy is based on tourism, so take a macroeconomic view on this, and all the subsidies we see in health care, construction, government jobs, low property taxes, etc. are all because they're being paid on the backs of tourists.

Take care,Mat

The trick is to learn and be careful and disciplined. 

Any tips for someone starting out that you wish you knew?

Try paramount tree care. 

What are some tips on what type of property to acquire and renovate that is likely to sell faster?

I am not clear on this from your notes but in my market this is not something you want to entrust the homeseller to take care of.

Be very careful with arbitraging...you can search the term on the forums here for reasons why.

If the copper makes you feel better then use it, plumbers in my area pipe their own houses in pex and only care for copper because they make more on material upcharge and labor to install.As a side note- acidic water breaks down copper, which ingesting can cause health issues, and can cause pinholes in copper piping.

I offered subto/seller finance, with a down payment to take care of ex-wife's equity, and a balloon payment 3-5 years. my question is if i use a TREC contract, would and list the details of the transaction, is there anything else i need to do as far as paperwork besides the contract?