If you're not familiar it basically recommends that you have a bunch of bank accounts (income, profit, owner's pay, taxes, and operating expenses) and when money comes in you distribute it among your bank accounts in some predetermined percentages (profit first of course!)

This might not be an appropriate path for you, but, whatever the path you choose, remember that a slow and steady progress along your pre-determined path will take you a long way: hard work, integrity, and results...that is my simple formula.

I'm often not quite sure what exactly is meant, because they have pre-determined codes that might not fit exactly the situation.

You rent the property with the option to buy it later at a predetermined price.

I have had my eye on some upcoming tax auction properties, mostly to watch and learn from the process, but if they go for the right price I may try to bid.Anyway, I am trying to do my due diligence stuff ahead of time both for practice and so I feel comfortable bidding up to a pre-determined limit... but I want to make sure I'm understanding everything right.1) Tax DEEDS - I've been searching a lot on these forums and it seems like there's more about liens than deeds, but in Idaho, it seems they do tax deed auctions. 

HUD has predetermine sect 8 rents according to zip codes.

When temperatures drop to a point where the heat pump can no longer do its job (i.e. somewhere below -13F to -20F) - perhaps even prior to that point when COP factor on the heat pump drops below a pre-determined threshold - the existing furnace would fire as the stage 2 heat source.If your oil furnaces are much more than 20-years old, their efficiency will likely be less than 75%.  

@Elijah Glenn, it never impresses me when I see pro forma figures that have been massaged in order to arrive at a pre-determined outcome.

When you subtract the option fee from the predetermined sale price, that's acting as a down payment and could affect the legalities of the deal.

The wholesaler collects a predetermined fee and you buy the property just like in any other transaction.