There is so much wealth of information on the internet and books people with the drive and motivation can teach themselves just about anything.

amortized over 2yrs with a balloon/option to buy after 12 months for the remaining balance of $1851?

Would this motivate you to target properties in the program area?

The remaining amount will cover your mortgage and your pocket cash.

But also just paying cash for someone with enough equity and with a good enough ARV and who is motivated.

Forst off, IF you expand your farm area, you must make certain you repeat the process of completing your due diligence in the new market area as I directed you to do at the start.Second, rather than go down that road, perhaps open up your current farm to a different approach, i.e. direct marketing to motivated sellers like absentee owners, vacant homes, pre-foreclosures, divorce leads, etc.

I plan on bringing in a local expert but want to get BP's take on it.Here's the detailsowner needs to sell. lets say it's for 100-110kowner's relative lives there and he only wants to sell if they can buy the house from me at some point in the future (6 months maybe) when their credit is better.They don't need me to fix up the place and the tenant buyer would pay maybe 140-150The current tenants would remain in the house.

Market to motivated sellers that meet this criteria3.

The only motivated sellers have been duplex's in bad neighborhoods with the same zip as a few good areas that I mail to.

The leftover funds will remain in the account to be used in the future for repairs, vacancies, etc.