Agreed!

We agreed on $345k with the seller carrying 10% on a 20 year note at 5% for 18 months.Financing the deal went pretty smoothly, although a bit slower at first then I would have liked.

Definitely also agree with with @Pat Aboukhaled about learning on a the Realtor.

Agree with @Ken M. - the juice isn't worth the squeeze to me on that type of loan product.

I don't agree either for previously stated reasons. 

I spent a decade in advertising, before founding and running a custom wood shop for another decade, so 'm pretty good at the self-promotion.I agree with you that the more gorilla approach would be most effective and that's actually what i've been doing – calling RE agents in my service area with active listings, introducing myself to property managers and leasing agents...To answer your question, I will have to handle the work myself for 6-12 months to build out the SOPs and field service management systems, but I have a lot of relationships for those looking to "do the work".I'll check out the meet up and would love to grab a cup of coffee, I'll shoot you an email.

I agree with you about enforcing the lease, 100%.

Also like Oklahoma, Indiana, and Texas.I agree on SC which is why I am selling everything at the moment. 

If there is an existing lender not agreeing in writing to accept payments from the LPO buyer, then you are in violation of the statute -- and it is a very toothy statute -- vs the seller/landlord side only thoughWe are getting ready to get one in place because the seller is demanding it and my client is the protected buyer.Yes -- you must vet your sub to buyers -- some should not be anywhere near a wrap transaction.Stay safe out thereAlan

Not sure if that is legal but I agree.