She finally very abruptly ended the call with something to the effect that she is buying the property, and they have a recorded land contract.

I have seen very effective virtual tours for construction projects. 

How will the PMI effect your cash flow? 

Since the last oil crisis, Houston has done an outstanding job of diversifying...With high-tech, healthcare, and alternative energies booming, petroleum just doesn't have the effect on us that it did in the past...it's now a smaller piece of the pie that is Houston.Many locals remember the hard times in the '80s, and are fearful that they will return, but when you look at all that the area has to offer (booming industries, affordable housing, great schools, investment opportunities, friendly people, decent winters, etc.) you realize that Houston still has a lot going for it.And even if things were to cool off a bit, that's beneficial to investors, as it means less home ownership and more renters!

Below is an illustration showing the effects of urban sprawl on investment properties.Las Vegas is one of the few major cities not subject to urban sprawl because it is virtually an island; it is surrounded by federal land.

I find that when buying in transitional neighborhoods my race is an asset I'm less threating to the comminty and don't appear to be a stranger neighbors and the community are much more engaging.

If it is not a super lien state how does this effect the first lienholder?

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Hey Jacob, Generally wholesaling is finding a suitable investment property, contracting to purchase it effectively taking it off the market, and then marketing that property to your buyers to assign them the contract allowing them to purchase the home.

I don't expect this to be a big money saver for me but some might use it for the effect and that decreases my cost just a bit.