I'm very glad and excited to connect and to share thoughts with great investors and professionals at BP during my initial stage of learning to become a real estate investor.I am currently having a full-time job and am not thinking to quit too soon, but I will try my best to be active at BP and to be motivated in real estate investing at spare time.I'm kind of a little bit indecisive of which strategies would be the best for me to start with among Wholesaling, Buy-Rent-Hold, Lease Options and Buy-Fix-Flip.Do you have any suggestion or advice?

I can't imagine that things haven't changed since this initial post 2 years ago, but they also must be getting these calls constantly.

I'm currently in the initial phases of talking with the owner, but here is what I know so far:Rents are about half of market...owner is aware of this.  

Do I change the name of the landlord and have the tenants initial and me signing at the end, or do I create a new lease?

We performed nearly $15,000 in repairs on this one and had it leased within 2 weeks of completion.Rented for $800 a month and Sold to a very happy investor for $70,000.Our Trust Deed Investor received an 11% return in less than 6 months and our Cash Flow investor purchased a great, renovated property with equity with an initial 10% return.

I'm curious to know why you assume 10% for repairs/capex when you're also assuming a $5K rehab initially?

Your initial post was pretty dramatic. 

Account ClosedThank you for the advice I will check out at least 3 meetings.I think I left out in my initial post that my profession is construction and I already have a large network of subs and can estimate the costs of rehabs.  

And it can work both ways, for example in some cases the BPO is inaccurate and the property is worth even more than the bank initially thought.

If the risk of a lender initiating its DOS clause and is of paramount concern in a Sub 2 then there are other methods to mitigate this risk.I've bought property using a land contract of sale, that in itself has a lot of similar risks of a Sub 2 transaction remaining unrecorded, and have been researching Sub 2 transactions.