So glad to have found this amazing group of individuals who are willing to share such valuable insights.

Send them a letter or google them.google has a wealth of info on individuals (you'd be surprised).If your not afraid of being leveraged.....look for distressed properties where Hard money numbers would make sense (Less out of pocket, especially important once you have 4 mortgages and have to put 25% down instead of the standard 20%).

She has indicated that at the very least she is not a good communicator, and if her business model is retail-centric, that won't work either.

An energetic, enthusiastic, hardworking, and motivated individual is usually someone that seasoned investors will give a shot to.

Without a sales price to provide a price indication, the appraisal may come in weaker than you think.

Mostly, though, since I've often made the mistake of relying too much on books and too little on wise individuals, I've been focusing on simply asking questions of people who've been successful in RE in my area.

Such amounts are held by the state as dormant accounts for that individual and returned when/if claimed.

Bill Gulley It is a great post about the legal perspective and the loan origination perspective of lease options with market rent and rent credits.There is another perspective of lease options that is missed many times, it the IRS tax court.I will post here what my CPA has said to me over the years.STRATEGIES TO AVOID RECHARACTERIZATION OF A SALE:Where the parties want to avoid having the lease/option recharacterized as a sale, the overall planning strategy is to avoid or minimize the above indicators of a deemed sale as follows:1.

Likely a good indication of how they will keep the property.I totally agree with the cell phone thing.

If you have a default in rent and words and/or actions indicating they have abandoned the property you can move in and claim an abandonment.