Do this for a few months – you may want to take a real estate course to get your license – Attend REIA's – BUT do not trust the sales pitches you will hear – I don’t think you should spend your money on those programs – if you want to spend some money – get a mentor –The candidate for your mentor should be financial successful – in many phases of making money in real estate; auctions, tax sales, lead generations, contract engineering, assignments as well as the many creative clauses’ used to buy real estate.I think you will do well – take it slow and easy – don’t be influenced by big talkers – counsel with spouse – create credit lines – be ready with a form packets of contracts – assignment forms – notes – disclosures and blank checks – study and learn from others ------ AND HAVE FUN – your journey to a better income and more of what you want out of life is exciting and profitable.

War zones and nasty sections of town - - I formed a marketing plan to rent to families with children. 

In my mind it does, because i am currently paying $1200 in rent myself, so this would not be a difference in out of pocket for me.  

There is a standard TN state form that they can provide you or the potential buyer with however they may not know about any code violations if they purchased the home in the current condition, you stated many owners have done their own work to the home.

Form some type of corporation or an LLC with whatever an Attorney and/or a CPA to help you decide will do the best for your goals.Something else you should do is to get a pre-qualification letter that says how long you might need to do a loan and the maximum amount of loan.  

Hi BP,I have been reading up on creative forms of real estate investment and came across Wholesaling Lease Options.

It cash flows well (for me) which was our top criteria.

Also, it’s in the same format for every county so it takes the mystery and difficulty out of scrubbing the data once you download it.

For instance, I would like to buy and read the flipping and cost of rehab books, but I don't know how valuable they will be for me seeing as I'm looking to buy in the UK market.

It only complicates your business and makes it more difficult to operate.If you actually have a good accountant I would be very surprised if they recommend you form a corp.