I will be speaking with the current owner to see if the land contract will be reported to credit bureaus, as well as S&P.Oh, and my personal credit rating is improving all the time, as I pay off old debts...

I strongly urge your buyer not to close until the tenant has vacatedI would suggest going and speaking directly with the tenant to see where things stand from their perspective. maybe a few days is all that is needed 

My apologies.Have just returned from speaking with my banker about a home equity line of credit to fund my first deal.

I pay $45 per mo. for property radar and $28 per month for Rebo gateway by benuteach I found both as a referral from my title rep at first American title, our success is 95%.To speak more to what I'm doneing, we are developing a "FARM" I do the same type of drive for dollars type of thing only I want people to be living in the home.   

Lack of experience may be a factor as well so you don't bite off more than you can chew so to speak the first time around. 

My partner runs that group and I will be speaking that night.

Joe is right; the market will speak.

Homestead protection laws vary by state, so speak to an attorney.

Hey Nick,I can't really speak as a RE pro, but I am somewhat of a technical analysis/trend guy so I do have an opinion on this.

So, before jumping through hoops on your taxes, speak with your prospective lenders and see what, if anything, they will do with this income.