I know there's not much out there to choose from right now.  

The rent will depend on market rates not a arbitrary number you choose but recouping your investment should be within 2 years max.

Infact one has got a myriad of designs and styles to choose which meets your requirements.

hi micheal. i do not know about the area where you are, but here in western new york, the owner can remove the asbestos themselves and throw it away in the garbage. if, however you choose to have it done professionally, it will cost you thousands of dollars. with asbestos, you have to wet it down quite a bit to keep it from becoming airborne. check out some youtube videos to see how it is done

Why would anyone choose to learn everything themselves when they can learn from others who have already succeeded and drastically cut the learning curve?

I am conflicted on what is best as I see good and bad to doing either.Now, assuming your state allows proper licensure of rent to own/Contract for Title lending operations (a very big assumption) that lend on residences, you could choose to do this legally, but if the state allows lease with option to purchase, that might be a better choice.In park name - easier to manage administrative work, ensure taxes are paid, easier to recover if owner walks away or quits paying park rentIn buyer name - they pay taxes, if home is damaged would seem to limit park's responsibility, no insurance costFederal law require the title be in the name of the borrower with the lender's lien on the title.

To start, we are all FHA financing a Multi-Family home in a very desirable location and are choosing to live there for up to a year.

Considering the deed was transferred July 9th and this rehab will be on the market in 3 weeks, the DOS clause isn't that big of a threat to me, although it wouldn't be something I would want or  choose to happen.

So I'm choosing to start as a wholesaler just until I can move up in the real estate investor world and start Buying properties to rent out. 

I use Intuit's Payment Network and love it- you can choose not to accept credit cards and transactions are $.50/each if you don't accept credit cards.Kelly