If it's possible to structure deals where I can defer all payments until I sell the house, that would be ideal.

They auto deposit to my bank around the 15th.

Duncan,When I am hired to check out a landlord, I get the owner of the property no matter what they are hiding behind, insurance info, liens, who the property is financed with, DOB, SSN, owners address, drivers license info, credit card info, how many loans in the owner's name or business name and date open and monthly payments, type of auto in owner's names, bankruptcy.I only this for lawyers.Joe Gore

tl;drresponding just off the subjectlinemy opinion... if not college go into insurance (house, auto, life) build a nice residual income...then get into real estate.

Ideally, we should try to keep our loan size at a minimum of $1M.

Probate - Ideal but have to take a day off to go to the courthouse (or hire someone) Any other suggestions on how to get free inherited leads that do not go through probate?

I did this because the entity, was a large franchisee of Midas and Napa auto part stores so I felt confident that I would get paid if I won money.

How should I deal with this issue?

You mention no credit cards, no auto loan, no home loan.

Plus people structure their businesses in different ways.Saying that, Ideally you'd have an LLC or Land Trust to purchase the property with so your personal name isn't on title, then your lender wires the money to close and the closing attorney files a security deed on their behalf so they have to get paid in order to transfer the title.