At any rate, we've been communicating over e-mail for a few days and I tried to get the ball rolling by finally asking her "If I were to take this house as is and close in 45 days, what is the absolute lowest you would be willing to sell it for?"

I just wanted to share that though it may not seem like much at first, I have actually gone through quite a few forum posts (not nearly enough though), read J Scott's book on Flipping Houses and skimmed the Estimating Costs book, have listened to quite a few of the Bigger Pockets Podcasts while at work (still have more to go), skimmed through The Ultimate Beginner's Guide to Investing, re-read Rich Dad Poor Dad, read The E Myth Revisited, found a local REIA Meet up to attend (and will be going to my first meeting this week) and almost purchased the books required to start studying for my license (I'm still planning on this).   

So tell ya what, if you have no clue what to do shoot me an e-mail if you think you can assist in being part of a property park I am working on, my spread is only about a 1,200 margin right now, no joke.

Not only is usage down to lowest levels in over a decade, but there's reason to believe that domestic production of bio-fuels will (relatively soon) reach levels that will not only sustain us, but will provide some major export opportunities.

Look at the sender of the e-mail and go to their website.

Thanks @Derrick E.

This is of course all hypothetical of course but here is how the numbers are calculated so you can plug in your real world numbers from your schedule E:  Rental income worksheet

send e mail with your contract to purchase attached. 

- R/E Wholesaling & Investing PrinciplesThe mistake people make when trying to become a Real Estate Wholesalers & Investor, is they become literally brainwashed with the ideas of owning multiple properties, living a life of leisure, or believing success will happen overnight in this business.There are few things I want you to realize if your goal is to become an Investor/Wholesaler.1.

They are not local, and we are e-signing the lease.