He does not want to do a JV on the deal but is willing to cut me in a % of the transaction b/c I am bringing a cash buyer.

If you know what you are doing and follow some pretty well proven strategies (you can learn them all here and in a few good books) that you understand before you jump in, you can always scrape a knee or get an unexpected nick or cut, but you won't break a leg and get seriously hurt.

They want to either discredit what I do (Lease Option Assignments) or want to cut me out of the deal.If I find a listed house I really want for my tenant buyers, I simply walk up to the homeowner on a Saturday (if its OO) and ask them some questions..."

In my County on our renewals Sec. 8 is cutting what they are paying.

It seems to be the clear cut winner (better returns all around, better CAP rate, less All In money, etc).

I feel those programs are going to be targeted for cut backs in the years to come.

CUT my teeth on.

They've already cut way back on providing housing themselves, so they need the private sector to do it.

Other wise just subscribe to the local legal paper and read through it and cut out the NOD's the old fashion way.

As such, these properties are languishing on the market but the banks don't seem in a hurry to cut prices.