Every time I started to make decent returns, I would have to scale up infrastructure, and that would eat up all the profits. 2) The profits, if any, per hour committed, are horribly small.

And I understand choosing the wrong school because I tried three years ago and my experience was HORRIBLE with trying to learn with a fast paced course and pregnancy lol.

So let me ask you this switch positions . your seller.. you just deeded your home away you think everything is great.. now the payments are made for a year or so then. stop.. your seller probably has not really fixed their financial position and is now renting and so they can't afford rent and to pay a mortgage on a home they do not own... you as the real nice middle man who solved their problem is long gone you could care less you got your dough you just stuck your seller with basically a sub prime borrower they don't know... house will now finally go to foreclosure because both parties can't cure.. and of course your long gone you got paid you have no skin in the game does not affect your credit. 4. the people you saved cannot get another home because their mortgage is still on their credit.. they are stuck and did not realize it when they deeded it over.5. your Seller gets way pissed and files a complaint against you at the AG s office as you have taken advantage of someone in dire straights and now they are totally messed up. ( I have rescued investors who this happened to)So I know there are guru's that teach this and it all sounds good.. but UNLESS you have the ability to cut a check to payoff the underlying at anytime its called then step in and foreclose your lease option or contract for deed folks out.. then this is a horrible idea .. and again I know its taught and on the surfice it sounds wonderfuland it works like I said if your very well cashed up .. but most who do this are not ERGO they want the sub too deal as they see this as leverage into a deal with no personal credit.Also let me tell you there are sharks out there that do this and walk once they get a few grand .. in many states you cannot even deal with folks in foreclosure unless your a licensed foreclosure consultant.. our state is that way.So careful .. think it through .. use the 10 commandments due unto others.OH and lastly your comment about just walking that one really gives me heart burn.. you lead people on you bail on them and leave them no time to fix their problem when they could have been talking with a real investor or short sale broker that could have actually helped them and is not just looking to help themselves.

I'm so glad to hear you found a great tenant after having a horrible experience with the prior one.My question is, have you bought any properties since then?

Not horrible, but not 20%.

Its regular people who have money socked away in a MM account or some low interest account getting horrible returns.

And $1350/mo for a $170k house doesn't seem like a horrible rent to value ratio.

Most of the time I delete these emails, but this time I could help to respond and I forgot what I said, but it was extremely sarcastic and he responded back something to the effect and I read his response while I was watching the riots, "whatever dude, you can't listen to the media, they make this great area look horrible."  

That would have been the smarter choice and I probably wouldn't have had such a horrible experience with random realtors and learned a lot more sooner than later.

I spoke to some of the tenants and the property management company is horrible apparently.