*This free home and lot rent is actually pretty common, so don't worry about missing out on this opportunity because you didn't act quick enough.

Where wholesalers miss the obvious, s in your reading of regulatory law.

This is my first deal so I want to make sure I'm not missing anything.Property Cost: $200,000Down Payment: 25% (50,000)Mortgage terms: 30 yearMortgage Rate: 5%? 

I know purchasing property you always run a risk - but we have paid about $2k for the home inspection and the appraisal - not to mention all our time/ money has been tied up in this house for the last 2 months (so im sure there are other houses we missed out on).  

@Lorraine PenningtonI think most people missed that the property is in New Mexico and not California?

I think a lot has to do also with how you both like to learn, I spent a lot of time growing up traveling for sports so I got used to working online at a young age and I did not miss the classroom interaction and anytime I did have an issue I just emailed them and someone would get back to me pretty quickly.

It it's a small, contained patch on dry wall, that can be a simple fix.

. $18/sqft, so am I missing something or is the deal of a lifetime?  

You better make sure that your attorney knows you are doing that, and you had better actually cc him, or you are going to have problem way worse than a missed late fee.

Am I missing anything that would be a giant surprise or kick in the ***?