I own an investment property at Canyon Lake, Texas and it is paid in full.  

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A little more complicated than I have dealt with, but if the asset qualifies as a capital asset it would depend on length of time held as to Short term or Long term rates.

I then send them a letter telling them I am willing to pay full market price for their house, please call me to discuss.Unless you have the cash to buy and close on a REO deal, that that won't work.

If I like the property and see worth in it, then I will bring my GC in to do a full inspection so this will not be my only look.Any insight will be appreciated.

For the time being, we want to continue finding wholesale deals but really want to learn more about the full process of flipping in order to flip some of the houses ourselves.  

The risks that may be associated with this investment  are if the company becomes insolvent, but even that risk is marginalized as you still have an actionable deed, purchased at 60-70% of value, to a house that you can foreclose and take full possession.2.

At the age 24 I had acquired and ran my own restaurant but I am now real estate investing full time.I am opportunist, seeking deals daily.Real estate ExperienceGrowing up in family who owned several multi family propertiesI have taken many courses to enrich my Real Estate platform.Created a Rent to Own CompanyWithin the past eight months I have done 15 JV deals - 22 doorsReal Estate GoalsMy real estate goal for this year, it to acquire 20 more doors by December.Currently seekingSeeking Qualified JV partners for multi-unit cash flowing rental properties.Private lenders or Hard money lenders, who will lend to Canadians to puchrase properties in the States. 

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A QCD is a light-weight way to change ownership without doing a full title investigation.