If you are looking for long-term wealth building and are not as concerned with immediate cash flow, rentals or notes can be a great avenue to pursue. 3.

If you're truly concerned about a post apocalyptic situation, use it to buy a piece of defensible land, guns, ammo, and canned food.

Now that many homes here are heated by gas, there is a concern that the previous owner failed to remove or decommission (fill with sand) the ust (underground oil tank) leaving a leaking UST that is contaminating the soil.

However, my concern is how much this repair could cost.

My biggest concern now is finding buyers and finding a good way to price real estate in my area.

Their credit (unless it can attach liens to the property) is not a major concern to me.For example the wife & I go to our local tax or property auctions & sit there with the bidders (after we have est a good price for a home based on its condition etc).

Random discussion about various business models in the room (hard money, mobile homes, development, etc.)My broker also gave us some insight about the local economy.This seemed to work pretty well, but I would like to start doing topic-based meetings at some point where I can invite local experts to give a short dog and pony before we do a format similar to the above.

Not sure what the absobtion rate or extent would be for nasty stuff in the water, water wicks and I would suppose it could go higher in studs in wall cavities, but I'd doubt 4' would be a concern, but then they usually don't replace any studs from what I understand, just dry it out and new rock.

...Steve,That is my main concern (one of them moving out early).

This has two affects in the deal, one it demonstrates that you are trying to cover thier concerns of security, but also, it complicates the marketability of the note, keeping the note in play while the seller still walks the earth.