Paying cash may help investors sleep better at night (ignorance being bliss) but losing all that money every month is certainly not wise investing.A wise investor maximises leverage to generate highest returns on cash and holds a reserve in other vehicles to be used for the same security as dead equity while still earning maximum returns.

Lately a lot of folks have joined the game and started sending out other wholesalers properties with an extra fee attached. 

I'm really thinking of adding these to the mix because hey, 16 extra units would get me right at my freedom number after my partners 50/50 split.

As much as I wouldn't hate earning your business, I'm also available to answer any general or specific questions you may have as I've lived here since 1996 and my real estate team has tons of experience.Curiously, any interest in nightly/weekly rentals?

I have yet to earn some extra money to get started in real estate, so in the meantime, what books do you recommend a novice like me to read?

11:  Excess Funds12:  Redemption13:  Void Tax Sales14:  Tax Deed15:  Improvements to Tax Sale Properties16:  Renting Out Your Investment17:  Flipping18:  Earning 12% Interest19:  Ejectment20:  Quiet Title and Similar Actions21:  Buying from Land Bank22:  Tax Sales of Personal Property23:  Attorneys in this Field24:  FormsLast wordsTable of CasesTable of StatutesTable of Other AuthoritiesIndexSome AL investors who I want to be sure see this post include @Helen Kirk, @Jake Roland, @LeArcashei Moore, Account Closed, and I know there was at least 1 person I'm colleagues with on here who doesn't live in AL, but likes to invest in Auburn, but I can't recall who. 

It looks like property owners are reducing their sales price because they are "building" in that extra cash outflow that the new owner will have to pay to vacate the current units.

But the biggest issue I have with the stocks at the moment is the lack of passive income it creates (once you sell you stop earning money) and the inconsistency of the market as of late.

Would you take a little extra risk for having a FNMA type 30 year residential style loan? 

I'm not trying to earn a profit or step outside of the bounds of being a Realtor and not a lawyer, but am I right to advise him along this path and direct him to an attorney and title company?