Without any cash reserves, which is how you make it sound, you may be one evicted tenant or major repair away from losing this property in a hurry.

I am still a full time Title Examiner at a major player here in Michigan.

How come your bio doesn’t say that you were a major contributor to a great book on rehabbing??

Major reason im inquiring about the LLC is because its hard for me to get a loan with a US lender.

Or am I not getting it at the right price considering it needs major updating?

First, sandwich lease-options are very risky, with an elevated risk of becoming involved in a lawsuit (2 lawsuits).Furthermore, the vast majority of people who buy on lease option never buy the property.

I am most interested in investing in the Texas market but the major metro areas I'm looking at haven't fallen in value like other parts of the country have.

The majority of my investing career has been in North Idaho and I still own some properties there.

Even with my low income tenants, the vast majority have never had a felony.

The Americans are going to do whatever they can to revive their economy, even if it means destroying the U.S. dollar.†The Dollar Index on ICE Futures, which tracks the greenback versus six major U.S. trading partners, fell 11 percent since Nov. 21, when it reached 88.46, the highest in 19 months.