LT, It's a genuine pleasure to meet you.

Not knocking it..... just genuinely trying to understand it so I can know what to input into my spreadsheet.

- he did that for awhile and got bored, and because he loves what he does and is dedicated to transforming the south side into a population of homeowners not renters?

We want to genuinely owner occupy for the better terms but the big question is timing.

They are going to price it at the sum of the notes, plus legal fees.Once the property reverts back to the back -- since it didn't sell at auction, then you can negotiate.The best way to get the bank to take your short-sale offer seriously is with a genuinely priced offer and a BPO with what the property condition is an what it will market for.

I noticed a lot of families that rent out the town houses as well though, and many of them seemed like genuine people who were just happy to have a cheap place to live.

Genuinely, I had no idea wholesalers used these types of agreements since they usually just email blast their deals to 100+ potential end buyers.

It's tough, however, to weave through what is just to make money teaching or what is genuine with a community just want to impart their knowledge because they care about others. 

The major transformation included popping out the living room ceiling, to create a loft space instead of an attic.

I hear of people partnering up with others to buy properties but I just wonder how can they really trust somoene they met a few weeks ago through a networking event.For the most part you could use the following methods1) Look for an internet presence: If you find a good internet presence, it means this person has taken the time and effort to create a reputation online, which means they are more likely to be genuine than others.2) Know what you are doing and ask lots of questions: Before jumping into any kind of investments, I often read several books to educate myself.