They were not worth nearly that much given the comps (worth more like $280k) but to get the seller financing, she needed a full-price offer and 30% down.My advice is to find a good agent (good agent is defined as an agent who works tirelessly, is honest, is friendly, works with investors, owns his/her own rental properties and is a good fit for you in terms of work style and personality - life is too short to work with people you don't like).

Contractually it's Problematic.Best practice: "Buyer vesting to be determine in escrow"Who's still teaching these bad habits?

Real estate may not always be in vogue, but the STEM group never goes out of style.

Thanks Jim for the great tip on the Google Earth tool.What are your thoughts on the newer ranch style mobile homes that come in 28x44 that are 3 bd 2 ba?

But why do I need 2k to wholesale, after all. that is what he is teaching his students. 

I tried to get him to teach me but he just kept telling to go and buy some.I ended up partnering with him on a few deals after I got my feet wet. 

This city is near universities and teaching hospitals, so I think the demographics are also in my favor.

Yes depends on the tenant and where it is and how long you plan to hold the property.For town house style the tenants in lower income rentals tend to work labor jobs.The lower level takes an absolute beating if you have carpet. the red clay trashed the carpet.

You can go online to Sherwin Williams and pick different colors to try on different styled houses they have on there.

John left teaching getting into depevlopments and as a teenager I worked on a few of his sites.