What I am trying to get at is that almost every deal is subject to something.The most basic deal, a straight sale of a property is usually subject 2 financing unless all cash is paid for the property.If the buyer can not get the financing the deal does not go through because the deal was subject 2 the financing.

Get him to an attorney with you to set him straight, if he refuses to go, then you might consider him trying to screw you over.

Never came across this kind of deals, not thinking straight right now.

My business model is pretty straight forward - everything is due on the 1st.

At that point you could invest that money into 10 rentals at the same return and make $100,000 a year.But if you are a doctor or an engineer making $200,000 at your J-O-B, it might be a waste of your time to do rehabs and you would rather just invest your 401K of $250,000 through a self-directed IRA straight into rental property.Or maybe you are a complete poindexter and you wouldn't know the first thing about swinging a hammer and you still don't have any money or credit, you could start off with wholesaling.

Think about it, its only brick and mortar. just hire a cheap laborer to carfullly unstack and restack the entire chiney straight.

Any idea how I can go straight to the 2nd or am I doomed to just sit tight?

Be straight forward with the tenant and the prospective landlord.

The mechanics of creating a company and selling a company are pretty straight forward.

Going straight to the last page would save a lot of effort.