With the stock market you have virtually no (legal) control over which direction a security goes.

I have been researching the web for about a month now on how to begin investing in real estate.

I just turned 30, so I am looking for more risk vs. security.

My background is in web dev and online marketing.

I will offer 97k max, I have 30% cash downpayment and have secured financing for remainder.

Also make sure you can secure the property at the end of the day, i.e., verify all door and window locks are serviceable lest the squatters move into your job site without so much as offering to pick up a paint roller.Then grab your sledgehammers and go to town.

I have the seller sign a Letter of intent to Lease and To OptionThe letter of Intent covers...Address, Rental Term, Renal Payment per month, Security Deposit, Possession Date, Option Sales Price (could new appraisal), Option Money (usually 3% or $5K min), Representations, Warranties, Covenants, and Indemnification, Legal Effect, Notice of Intent to Assign, Option Period (45 - 60 days)I have them sign the letter of intent (LOI), it goes to my attorney, and the attorney prepares the paperwork.There is an option release disclosure document that discusses that the buyer will be responsible for the following fee’s to be paid out of escrow at closing, which are for the release of the recorded notice of option, the assignment of negotiated purchase price, and the negotiated rent.2.

If you have a web site, you may want to have your policies publicly available.

We simply fill out a web form for each property as we acquire and dispose of them.

Are you giving the family mamber a mortgage on the property as security for the loan you are receiving?