I've talked to guys who shoot a lot and they recommend this course to the experienced and novice alike.

Nice job avoiding the soap box grandwally, seems like we all have to tread lightly on that subject.To answer the question, most experienced investors do shoot for a minimum of $100 per month, per door in cash flow.

If you can determine that this lease-option buyer is a very experienced and successful investor, then the deal might be worth pursuing.

The experienced hands on here know that you always buy this stuff when you find it for cheap because you'll need it eventually.

I was just listening to an experienced buyer and seller yesterday and he said that right now he gets all homeownership insurance you need to protect you and to always get title insurance the second you close. 

If you just decide to go head on without knowing how the engines work with PPC, chances are you will lose a lot of money and see no leads from it.

I've never done a short sale before, so perhaps I could wholesale such a deal or birddog to a more experienced investor.

As long as his disclosures are signed and everyone knows the risk on subject to's then he is all on board.Plus experienced investors don't use attorneys to close subject to deals, there is no need.

I've discussed this with several very experienced real estate attorneys in Texas and they've all affirmed it.As Richard stated, contract law DOES require that you put up consideration, but the courts have determined that a "promise" to pay is consideration in and of itself, and that if you are giving a promise to pay then the requirement of consideration is fulfilled.Now I've seen discussions that this is true for every state, but I have NOT discussed it with attorneys in other states and can't say for sure either way.Normally distressed sellers do not care about earnest money.

But I was wondering how more experienced investors manage this risk?