While I do think that REITS sound ideal in most respects, it doesn't seem to be something we can creatively finance using BAH and TSP loans (same for notes).

Bill the Agent said that he will meet the Seller Directly and ask him to write an email to all parties to confirm his consent.However, it seems doubtful as the Seller's Attorney seems to be pulling the strings and may be thinking that his Seller can keep the Earnest Money Deposit.Sorry about the long explanation, but that is about the relevant facts of the case as I remember it.This has been an INCREDIBLY frustrating experience for Kevin.

Maybe you can close fast.Maybe you have few conditions on your offer.Maybe your advantage comes from what you can do with the property after you close.Also remember the funnel ratio.On average it'll take at least 100 offers to close on one deal.

Remember!!

It's 30 minutes outside of Chicago, so the rental rates are pretty solid....until you remember that it's still under Cook county's property taxes. 

Remember that agents job is they are representing that seller, and they are going to exploit the fact that you dont have an agent.

An absolute must is having a way to double check values, ideally being able to use the MLS for comps.

I think the name of the guest was David Greene if I remember right.

Okay, let’s see how these same properties work for them, assuming everything else is the same:Essentially, they’ve created a $30k annual earned income on these 11 properties, which can be used to pay executive salaries, and passed on to shareholders as dividends—and they’ll earn another $300k in capital gains if nothing extraordinary happens--and remember, AH4R alone has over 50,000 homes in 22 states.It sounds like a license to print money.Risks do exist for these REITs, though.

Remember, prices have to drop by more than your ROE per year just to make your extra work worth nothing.