Well then I found out how much they were charging the investor to build on land that they only paid $17.00 a sq/ft for, I knew what I wanted to do.

I was shocked to hear that some of these "services" charge up to 2 months of mortgage payments (between $5,000 and $7,000 in CA).I'd appreciate your opinions and experiences with these services, either as a customer or entrepreneur.

I am not too sure about placing ads in those sites that are offering services free of charge because we may be not be aware if our ad expires.Ruthrbns

The point isn't that the "gurus" material is expensive, the point is that almost without exception they only include the "good" side of the business even though they are charging you thousands of dollars for the info.

You will want to do yellow letters and emphasize the benefits you offer landlords:-Elimate tenant hassles and headaches forever-No more chasing tenants to pay the rent-We never charge any fees or commissions -We can close on the date of your choice-We will buy your house “as-is”-It doesn’t matter if the property is vacant or occupied

Although according to the contract it is the seller's responsibility to ensure salable title, you as the investor are responsible for seeing that the deal gets done, so the process of ensuring clear title is something that you want to take charge of.

Keep in mind, this doesn't prevent you from being charged, it's only a legal defense as to why you were carrying a gun.

The bank - that owns the house is ready to give me the loan without CO but if I will be late for closing then they will charge me 100/day!...

Now its up over $310K with the missed payments, late charges, and legal fees.

But I see what you are saying on the misc. charges that we will have to consider for the current townhome... like umbrella insurance, LLC (for asset protection), utilities, vacancy backup, etc. those would ideally increase the monthly expense by about $300 (or probably more).Seems like a TRICKY situation for us, I guess....