In fact, when she gave me the lock box code she didn't even know my name, all she had was a cell phone number.

And the walls/ceiling are so thin we searched the house for hours looking for a rogue cell phone vibrating, only to later figure out it was the neighbors.

Sorr using cell phone - i meant to say double that amount and see if thats doable...

Im curious of what others think of this deal.Cost of property (initial + misc holding & tear down) = app

-Willing to give me their cell phone number.

@John Jackson and I have been helping home sellers sell on lease options for collectively more than 40 years.I have a blog that discusses creative financing, no bank financing,  http://beta.biggerpockets.com/blogs/3-reiskills-an...To Acquire or Control, 1 lease option (sandwich or assignment)2. wraps or AITDs (resell on wrap or lease or lease option)3. sub 2 with or without a note (lease or lease option)4. installment sale (contract for deed, land contracts, etc)5. straight option flipThe SAFE Act and the Dodd Frank Act applies when you are the Seller selling to an owner occupantIf it is you the REI acting as a principal, then assigning the paperwork, and the new tenant buyer is living in it, use a RMLO to look at the 1003 app and "bless the transaction".  

Hao says of being able to send documents back and forth on the social app.

but in this day of cell phones you may end up spending more time than it's worth tracking down a phone number.

v=LOXHImsf-w0&list=UUkCxmNZjyrf124-yKv2Q4zg&app=desktop

Don't mind the area code - that is his cell phone.