Account Closed I will definitely read those items you listed and attend some REIA meeting.  

Your comment on Under Contract is also correct, but I was referring to the time laps between the last Price Change and the Listing Removal....when that Removal is followed by the Sale.The most important item I take from your comment overall is why I also mentioned the need for using a Real Estate Agent...one that actually works with Investors.JV

Different from a standard bill collector because they go straight for the paycheck rather than wasting time with calls and letters, but the tenant has to be employed and you have to know where.

If the person knows that the collector will give up, they'll just ignore them and that'll be the end of that.

I'm not aware of any special items within the municipalities we work in, and it would just be Ohio in general, which I do believe allows non-refundable fees.

In other words, if convenience is more important to you than the extra cost of the item over wholesale prices, then you just took advantage of them!

You must be real delicate when discussing these items with them so you don't offend, just inform

You can cloud the title with a - memorandum of option - performance mortgage - see link below. https://www.dropbox.com/s/pni60h5dhdt0xs5/performance%20mortgage.rtf 2. this item makes your lease option invalid - " Our lease option agreement states 1/2 of the monthly rent goes to principle. so $6k over the course of 24 months will be applied to principle."

While an extra $200 a month above your current rent+car payments is certainly achievable for a financially-disciplined person, your actual monthly expenses may be far greater than $2,155.When calculating your monthly housing expense, you also need to account for some of the following items that, as a renter, you do not budget-for, in addition to the $2,155 "base" loan payment:HOA (these can sometimes be several 100's per month, especially in condos)Homeowners' Insurance (this will be several 100's per year)Utilities (some may be covered by your condo HOA)Property Tax (if you don't save for this, you'll be scrambling for cash when the bill arrives)Mortgage Insurance (might be required depending on the size of your down payment) The above factors may be why your bank/lender is only qualifying you for a $1500 per month loan; though you can afford $2200 per month in aggregate, the bank does not want the HOA or County of LA to lien the property due to delinquent HOA payments or Property Tax payments, both of which are senior to the Bank's Paper.

If the numbers are right and there are other items in the "plus" column it could be worth hanging on.There's really too many unknown variables here to give you a meaningful opinion from here, like: prices, rents, amount of cashflow and equity, your longterm plan...