Plus, some things that the instructor was talking about I understood because I at least had had a chance to mess with it before and I was going to learn how to do right.

If this tenant/buyer really understood the intricacies of call options and strike prices, would they really need to engage in one of these transactions to buy a house?

Not only is it an annoyance to the tenant to have people knock on the door and ask questions, but if they are interested in purchasing they will appreciate this.Some suggested language for the addendum:"It is understood and agreed that if landlord sells property during the lease or any renewal term, landlord has the right to terminate lease if landlord gives at least ____days written notice to tenant.

Understood.

We did learn a lot, and while we came away with a great return, we understood that we were lucky that more wasn't wrong with the house, that buying a foreclosure might be more scary than we expected and when trying to sell, holding costs are important (although we didn't need them, we realized that a fast sale for less than expected was better than potentially sitting on it vacant for months with buyers that may fall through.)

I understand wanting folks to have skin in the game, but I have never understood why folks with the capacity to do otherwise borrow hard money at 65% LTC.

He knew I knew what I was doing, but more importantly, knew I had the unique ability to teach the information in a way that it could understood.

Understood.

It would be much better if people understood this.

Bill, I'm sure you could answer that for me but here is my understanding if you're talking about a public REIT or MF:I'm not publicly advertising for funds, I'm using less than 30 or so investors (or accredited), and I'm under a certain dollar amountThose were the exceptions as I understood them.