I am happy to have found what appears to be a great resource.

You can also do a lot of the screening for free by looking at your local court records online.Good Luck,Mike

That is, they cannot take you to court to force a sale.All that said, I think you should have buyers lined up before you sign a contact and you should have a plan B on how to close.

And, if the closing was in the middle of the month, the prorated rent for the partial month should appear on the HUD-1.

Trada's attorney for Texas is bailing on them, Marin, and other defendants.Looks like bankruptcy for Trada VI so that the limited partners will be on the hook for the amount of their investment.Also appears Boise office closing with their furniture being repo'ed.

I know this is an ad click revenue site & you need thousands of users,but it is tedious to wade through the posts to get to the good ones..The signal to noise ratio is terrible.I just get so tired of seeing TV,hearing radio,books on this stuff.If it's isn't get rich quick at poker,it's flipping houses.The rich dad guy appears to be the biggest scam of all.From what i've heard,he appears to live in a universe where there are no bad deals,bad tenants or housing bubbles.Ask your RE agent how many deals have been backed out of & time wasted trying to do business with 1 of these seminar gurus.

It appears that this company, just like many others are going to "feed" off the inexperience of new investors.

I can tell you stories of things that has happened in court and after court that would make your head spin.

Schedule C doesn't really look set up well to deal with flips and it appears that I still can't get any credit for my own labor.

So if you are getting callers on an ad for a $450 house, they can't afford $550.If, by any chance, they actually do move in at $550, they are already ticked off at you because it appears to them that you lied to them about the rent, and you are taking advantage of them becasue they are poor.