Very impressed and surprised and I really didn't hear a thing at all to disagree with, I think his stressing demographics is dead on, types of properties, forced appreciation and marketing emphasis through a team approach is all very good.

Which can be paid out of the option consideration you get or since the realtor brought it to you, the realtor could make a listing agreement with the seller to take first month's rent as payment when the tenant buyer is found.

My RE Agent approached me about becoming a private lender a few weeks ago and handed me a pretty big check at breakfast Monday.

Like J Scott says, 10% is minimum.However, I duplicated the sheet and changed the purchase price to 300K and that brought Cash ROI to 8.78%, closer.Then I duplicated it again and added $300 more rent to the top floor and added $3000 to improvements to make that happen.

How would you approach this situation?

I know it sounds a bit silly to perhaps "undo" some of what you have already done but square footage is the name of the game.Another approach would be to use the equity in your current home to secure a new build.

I could see the potential of saving significant dollars in doing so but could also see risks associated with this approach.

., I would think insurance might re-think they "oh, no worries" approach and try to find a loophole so they don't have to pay your claim.

How should I approach the situation of being added as an authorized occupant?

Often enough, approaching the home owner and bank is a viable way to get it redeemed sooner rather than later, especially if you have a tax certificate with little time left on it.