Did I make the right decision to collect the lower rent amount $1800/month hoping to find the right tenants?

This is great for those just beginning and looking to make a decision about their investment strategy.3.

(deceptive trade practices act)Sucks in the market conditions.Too many greedy folks screwed the pooch.

If the bank accepts, we have 48 hours to send them an Agreement of Sale.I'm offering all cash and I would really like to waive all contingencies to make the decision easier for the bank, but the one thing that I'm stuck on is the title.

First, the answer to your question is yes, you are more than welcome to skip the title search if you'd like, and just take the seller's word for it when it comes to whether there are any liens on the property.That said, it's probably one of the worst decisions you could make as a real estate investor (or as anyone who plans to purchase a piece of property).

We're wandering off topic, but security vs. convenience is always a trade off.

Ok Brian, if I was a potential investor I would be happy if I felt everything was transparent and well thought out.I would be scared if I thought things weren't as they seemed and I would be scared if I felt the decision makers didn't have any experience.If I made more than I was promised I'd be happy, if less than not as much.If timelines were kept as promised it would be good.

Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??

Most 5-year CD yields are around 2-2.25%, and the 10yr treasury is trading in the same area.

(A small trick of the trade.)