I know I'll have to really investigate the property to minimize my risk - so I may not be buying quite as many houses as the person who might be buying and wholesaling.

(Not many mortgage holders will allow land contracts to be done/recorded) After he left and the house was to be sold, the closing attorney had a fit to have him personally appear to sign a "Quit Claim" with regard to the deed transfer.

The people have rented from me, in my duplex are 20-somethings and younger couples who are doing ok financially, but aren't quite ready for a whole house.

You are going to have to make quite a return to compensate for the interest you are paying to borrow.

Touché 2)That analogy doesn't quite compute for me.

I don't quite understand the question.

By the way most agents quit within the first 2 years so be sure to look at up front costs and promotional costs to get going with and don't count on any income for at least 6 months after she starts maybe a year.

Learning how to locate them is sometimes the hardest part, but the most fun as well.When I'm searching, I find them in numerous areas, through numerous venues and with quite a bit of work.

Quite like my participation with the biggerpockets forum.

I can't quit now!