Having J Scott's flipping book will be a great resource as you work on crossing the flipping house item off your bucket list.When you get the chance, add a profile picture to help better establish connections.

Under ALTA regs, and with regard to TILA if it applies, you can not go to escrow or closing without a valid contract, that is the source document to establish any closing, even in the Great Republic of Cali.

I'm speculating as I'm new to the game and still in learning ALL the aspects of Real Estate and Flipping of such.

If you're lucky enough to speak to Ken, you'll be ahead of the game. :)

One is so I had a decent amount of skin in the game from the borrower, and also to make my note more valuable if I ever needed to sell it.

Wish you the best with your venture into the rehab game. .

The rust belt game is known to get dirty.

For example a week or so ago Gamestop lost about 20% of their value simply becasue Microsoft announced that the new Xbox will not be able to play used games.

Assumption is a renter will not take as good care of your place (especially if you're a distance away) as if they had skin in the game for ownership.

Do you grasp conceptual arrangements well, can you play chess or does a game of checkers give you problems in planning your next move?