A investment colleague was telling me the absolute wonders of master lease with a option fee paid up front.

(since mortgage is not paid off i do not own the property therefor i cannot place property on section 8)Now i know what you are thinking, Decision 2 would be the best route to take, but unfortunately if i do that, i am more likely to have problems renting the property because of these common issues...1.

The extra $18,000 requested seems to be for required relocation fees to be paid to the tenant.  

I can't recommend a book but I just paid 37 dollars for this guy Zack Childresssystem on wholesaling his info was very informative and it comes with the contractsyou need to lock deals in and software to generate relationships with other wholesalers I would highly recommend you get the system its worth every penny.   

., you will have to give up 50% to 75% of the profits as the price of your education...but don't forget you're still getting paid for learning. 

Actually, I guess I'm a pre-New Guy.  

Get pre-financed so this doesn't hold you up when you see something you like. 

I don't want to upset my stomach.So in closing I say great job.. and keep up the good work its a Huge advantage to have bank funds for these deals and only paid on drawn funds etc etc. 

I have already taken the required class work, had my finger prints done, paid the application fee yaddayaddayadda.... and now study everyday to pass the real estate exam.

The last recommendation would be to have your clients pre-qualified for a loan before putting energy into someone that does not qualify yet.Good Luck!