I simply haven't found high end neighborhoods with sustainable rent for the purchase price unless you put a ton of cash down which is not really increasing the rate of return so much as buying into the opportunity to landlord in higher end neighborhoods.

Most inspectors there are simply members of a national organization such as NASHI or others like it.

I used to swap out cylinders between rentals but then got really paranoid about how an aggressive lawyer could twist that into my negligence if a criminal entered the property with an old key.Now I spend $8 a cylinder to have it rekeyed to a totally new key and throw out the old keys.

As Ryan said, if the seller attempts to go around you, while the contract is in place, you can take legal action, or simply cloud the title, which will keep the seller from being able to sell the property.

Seems like skewed reasoning, as though they wouldn't mind financing me if I had simply paid $30k more for it!

I simply chose to give back to a forum that has been so very beneficial to me.

You could enter into a Lease Option to Purchase agreement and then sell the lease option to purchase?

The basic idea of a lease option is pretty basic but the details are what will make the experience good or bad.The way that I do lease options and the most successful way I have experienced is to lock in the sales price, give a 3 year lease, and require the tenant to make all repairs.The other thing you are talking about is purchasing the home "Subject To" which simply means subject to the existing financing.

It's simply a dud and "terms" won't fix that.Minna - YOU CAN DO BETTER - a lot better!

We're entering what promises to be a very nasty inflation.