I think this method benefits both sides if we trust each other and both have good intentions (otherwise there's a lot of danger in revealing your competitive advantage / trade secrets), as he'll learn more about the investing side, and I'll learn more about the rehab side.  

That means that the epoch of constantly appreciating land will probably come to an unceremonious end, when fewer people demand residential real estate.Many factors drive the market price of raw real estate, but overall, a growing population is necessary to sustain high housing prices.

I just wonder if I could do as well by taking a wall mount type tester down there.Yes in my experience crawls are a dangerous place.  

I remember reading on a yellow letter thread that it was said yellow letters will definitely get the phones ringing but you may get more motivated sellers off the fewer calls you recieve from postcards.  

Don't forget short sales, if you can buy it.Installment contracts or Sub-2 deals are harder to pull off once a loan hits the lender's radar screen.Wholesaling a pre-foreclosure is just plain dangerous, if you lead someone to believe they have a property sold and you fail, you took that property off the market putting it under a sale contract (use an option, and such are restricted in Texas).

As no Buyer would list the property, and as many MLS's require more than equitable interest to be sufficient for an MLS listing, the danger of a "Net Listing" is ONLY if the Listing agent enters into an agency agreement in the first place. 

Louis is, if not the most liberal areas in Missouri it is one of most liberal, that means more consumer oriented courts, much more so than Springfield.There is nothing more dangerous than older real estate investors doing business as was done 20 or even 10 years ago, welcome to the 21st century, things have changed and many don't keep up.

Usually with 4 or fewer units a GRM (gross rent multiplier is used) and not a cap rate.

It does lessen the upside, but it also makes it significantly less likely that there is a danger of losing the home if a deal goes bad.

The formula is still mostly the same, but the opportunities are fewer.