For this reason, I recommend you inspect the property for the major repairs (foundation, hvac, roof, etc.) and come up with a ball park estimate for repairs and welcome them to do their own inspection and calculating.Jeff

This way, you havent actually "sold" it until they decide to exercise their option sometime down the road.

I would say know each and everything that you can possibly know about apartments,know how to analyze deals,the areas to get in and not to get in,cause you can lose your shirt off your back literally,i would network and get contacts of apartment owners,lenders and whomever you can man,also apartments and sfh's are completely different,total different ball game,also learning two totally different strategies is the same as saying you dont know nothign at all,i would suggest you learn one and stick wtih it until you perfect it...and no i haven completed any deals like this but im telling u what a guy wtih mulit millions has told me

You would then keep physical title until buyer paid you off.2) You could lease/option the mobile and keep property in your name until "buyer" exercises option.3) You could do a straight rent.4) I have heard about using trusts and transfering beneficiary....

My last deal began with a low ball offer compared to the BPO in file.

Once you find a tenant/buyer, exercise your option and purchase the property.

A small amount from angels (rich people you know) to get the ball rolling with some of the initial planning work and to grab control of the property.

Once they're all at 50%, repeat the exercise to get them below 30%.

IRC, for example.)Be sure they have permits.It looks like the right ball park to me, based on what I've paid recently.Is AC customary for this area?

Rich, really enjoying obama showing what an inexperienced goof ball he is.