@Tim Puffer I thought wholesaling would be a good way to get my feet wet, and provide with the capital to exercise different strategies once I get some experience.

Failure to do so, could lead to a monetary fine.If a landlord is found to have retaliated against a tenant in response to the tenant’s exercise of his/her rights, a landlord now faces a penalty of $2500, or $7500 for a repeat offense.

The risk with these types of deals, is that the lender can exercise the due on sale clause, which would mean the note is due in full.

Here's the story:A tenant had a 3-year lease option to purchase his residence but was unable to exercise his option due to not having good enough credit to get a mortgage.

Exercise caution.

As for the private money, it will be a good exercise to write down your agreement before you find the deal.

They finished rehab work and 2 yrs later exercised their option at 85k - 10k option fee= sold for 75k.

Having Tenant Buyers is good cash flow until they exercise their option.

I agree with others whole-heartedly that commuting longer than 30 minutes each way to work is a soul sucking exercise that will drain the will to live out of you in about a week or two.

In my spare time, I enjoy exercising in the gym, running around Atlanta, traveling the world, fishing, watching college football, and snow skiing.