If I am highly leveraged, which in most cases I am and on many of the houses I've purchased in the last three years as I have less than $10k in on each of them, my return is quite significant to say the least.Inherently, I see nothing wrong with buying affordable housing.

That way, I have time to save up money from the rent coming in, and I will be able to afford the terms of my lease option.I'm assuming my tenants most likely WON'T purchase the home, though if they do, I would stand to make a tidy profit regardless, which I'm not against.

KC is a lot like Indy--very affordable and great cash-flow.

These guys know everything there is to know about L/O and helped me avoid many sink holes when starting, they are also fantastic people and affordable.

With more foreclosures hitting the market, renters are putting more pressures on the mainstream complexes and allot of those were lover middle class families that could not afford a house. 

Without sounding as if I don't appreciate the speed and ease that email affords us, I do feel that in some cases there is just no substitute for being there in person.Remember, buying a house at a discount actually requires tremendous salesmanship on your part: you have to "sell" the owner on the idea of selling you the house cheap.

My profession affords me a limited amount of disposable income.

If you have looked at a few every month over the next year (even though it can be frustrating if you aren't in a position to buy just yet) you will be in a much better position to make a solid offer when you are ready.

a client called me after seeing one of my craigslist ads looking for a home. she actually knows what home she wants and has communicated with the owner a month ago when it was for rent but nothing more then that. the home was up for rent and now its for sale. my client can afford about $2000 a month and about $5000 (maybe a little more) as a downpayment. what should i do in this situation to put this deal together.

I became frustrated at trying to learn how to invest in real estate, got burned a couple of times and just gave up.