That's the nature of the Master Lease Option, you are the Master Lessee.

You have never seen ROI till you have seen mother nature do it with soil and seeds.

Rentals normally are going to require at least a down payment and closing costs but not always, and they may need to be fixed up, also.Wholesaling and rehabbing are time and skill intensive, while rentals are by nature passive and can be delegated out very easily.If your credit is in the toilet, building an extensive rental portfolio may be out of the question right now.

I'm trying to get the right questions in the right order so I can have some kind natural flow to the conversation.

This used to not be a big deal so no one bothered to keep them -- however, with the natural gas surge and the "fracking" plan, small lots in residential neighborhoods can be "drilled".Basically, the state and county laws seems to place a certain restriction on how close a drilling operation can be to homes.

Daniel, To see a little bit more about my experience you can check out a interview Josh did with me at: http://www.biggerpockets.com/renewsblog/2011/05/19/interview-james-vermillion-biggerpockets/ As for being fearful that is completely natural, but the more we educated ourselves, learned the market and put together a list of contractors we trust, the better we felt.

Naturally, it takes a great deal of maintenance and upkeep to make something last that long, but I don't see why a well cared for condo would be much different.

These are results that naturally come about from the success of private enterprise and the addition of another business to add to the competitive mix.

While it certainly may be price (I don't know anything about your area), I agree with Ophelia about the general nature of the pictures -- they don't do the property justice.

Used to be, a REO was distressed in terms of ownership, and the discount was less for the distress of the property, and more for the as-is nature of the sale.