Sounds like the developer is only interesting in paying cash now for a discount.The purchase option I do not really see what benefit you would have to accepting that.

And, if the RE guy flips the property and moves on to the next on, that is better and may serve as a construction company, but the rehab guys usually don't work as often or produce the benefits of a factory assembly line.All said, RE is on the bottom of rungs of the ladder in a way as investors tend to go with RE cycles, seasonal work, inventory fluctuations, it's just never been a steady employer like a drug store or lumber yard or small factory.

In addition, I don't see access to title companies or attorneys as a big benefit as you can find them with references from other investors for free.

You won't get the steady salary and benefits that a corporate job provides though.

Houma is #104 on the Forbes list for "Best Small Places for Business and Careers" and #23 for "Job Growth" It is close enough to New Orleans that I can still benefit from that area as well ranked #29 on the Forbes list for "Best places for Business and Careers" and was Forbes's 2012 fastest growing city.Not the best numbers but good enough that thinking about getting into real estate investing in the area just made sense.

I'm thinking that acquiring and managing our first few rentals (building experience and cash flow) will serve as an additional asset for the second wave of acquisitions (that may require more creative financing).I am committed to getting involved on the forums and asking some of the questions that keep me up at night, so here's the first one:Is there any benefit to us NOT being married when we start buying?

It will benefit both buyer and seller.

•You retain the tax benefits, providing tax deductions.

Thanks everyone for your quick responses.In general I'm just trying to understand the limitations and benefits for using that line of credit.

It would seem now many now feel they are entitled to a high-paying job without equal work, benefits without earning them, and an elevated lifestyle without earning it.A study conducted in 2012 revealed that more than 50 percent of people living under the income poverty level own a Smart Phone.