You may not believe it but we've had investors trying to obtain options to purchase with owners holding a life tenancy reversionary deeds, wanting to build a rental unit on a meets and bounds description with another home on it, while many attempt to require an optionee to perform maintenance.

@Jason Hill - I am not familiar with that designation; what would be the advantage of obtaining such a designation?

Have thought about obtaining a hard money loan and using it for one year.

For newer investors miscalculating value and rehab costs can kill your BOGO deal down to a buy two get one fiasco.Can you obtain conventional financing for the properties?

**Best practice tip** Require every tenant to carry renter insurance with a minimum of $300,000 liability (in the Milwaukee area any tenant can obtain this for $10-$15 per month).

Privacy laws will make it difficult for you to obtain lists of "pre-foreclosure" properties.

I don't see why I should need to get this signed by the seller, as they didn't tell me about the taxes, and provide clean title.I have a clause that reads:"Unless otherwise stated herein, or as otherwise provided on an inspection addendum attached hereto, Buyer shall have the option of inspecting or, obtaining at Buyer's expense, inspections to determine the condition of the Property.Seller agrees that in the event Buyer determines in its sole discretion that the Property is not suitable for its purposes, Buyer may withdraw this offer to purchase at any time, and the earnest deposit shall be returned to buyer, upon the sole demand of buyer to the title company."

I was told I could contact title companies in my area and obtain absentee owner lists, among other lists, simply by asking.

Some counties around us allow for one wall of origanal structure to be left standing allowing for the permits to be eisier to obtain and inspections to be a lot easier to pass.

How do I obtain tax lien listings in NC?