Middlemen or straw man deals were probably done when man began walking the earth, trading a spear for a rock tied on a stick or for something more valuable.

Welcome from Round Rock!

@Doug Merriott I thought I did my research but now that I think of it I was primarily searching for the property address from the tax collector site, solely focused on what was going on with the house,got her full name from there, went to the clerk site, and didn't really think there was a major red flag because nothing immediately tied to that property.

Already they are trying to push you and they haven’t even signed anything yet is a big red flag 

Plus, I have a great relationship with my title office and my contract is rock solid... so I'm not worried about losing my money.

Basically he just asked what was the rock bottom price i'd take for it.

Cash flow wise, in my area we wont look at it unless there is at minimum, absolute rock bottom minimum 25% annual ROI, and that is given a cash purchase, no HML, no financing.Manufactured homes are cash cows if done right.

There are already electric hybrids that use very little gas.More are slated for 2014 - 2015.If gas goes any higher and stays there it could be a death knell for suburban areas.More people will move to more dense urban living where they can walk and bike to work to reduce costs to survive.Used to there was a small class of the rich,a big middle class,and a small poverty class.Now the rich class is bigger,the poverty is bigger,and the middle class is shrinking into non-existence.Costs are going to rise and keep getting worse and worse.I want to be on the wealthy side.In many instances it is getting cheaper for me to eat out then buy at the grocery store.I can get a 3 course meal at Red Lobster for 7.99 and get 2 meals out of it.The restaurants are not having to raise prices at the rate of the grocery stores because alcohol sales drive most of the profits.If people think it is bad now it is going to get much worse.We need to stop depending on gas for transportation.It's a dead resource on it's way out.

Love learning how others are rocking their REI game!

The first red flag about this "deal" is that you're losing money every month and not actually cash flowing.