also can i give them a 3 day notice or do i have to get a eviction notice from the court?

I feel that way because everybody I talk to in re are " the biggest wholesaler" " make 50,000 a week" and while that may be true, I've noticed there is a lot of B.S. that surrounds most investors.

I noticed that the realtor listed me as doing conventional loan (on the purchase agreement) so I called up the lender and told them I wanted to do all cash.I havnt signed the addendum yet.

In the case of an option there is little for them to notice (no change or title, no change on the insurance).

Notice the one that looks like the World?

Hey there Shirley,If you look through our forums you will notice that there is an area forum for creative RE financing!

What I really noticed was a whole bunch of guys screaming, trying to create a buying frenzy atmosphere with few people actually bidding.

You may not have noticed yet because maybe you're managing it yourself (earning the property management fee of about $75/month) and doing maintenance yourself and avoiding (so far) big sporadic expenses like paying for a new roof or fixing the damage after an eviction.If you refi to 30 years on the $58K, you could get the payment down to about $385, making it only a little worse than break even.

Notice the present tense.

After Jan 1, this right of redemption goes away and the cure period (time from NOD to sale, NOD is called a NED - Notice of Election and Demand here) is extended by the former owner redeption period.