You can get a "Principles of Real Estate" text book used at a college book store or off the internet, look at Amazon, just a few bucks.

With that said if and when you can sell this home for all-cash you will have a little bit of money to reinvest into another deal, although I'm not sure where you plan to live.Either way we can all agree that selling your home for all-cash is the main objective you have in front of you.

Fail to answer their questions or address their objections sufficiently and you could blow your chance.So I say your first step should be to check with your county recorder and see why the house is vacant.

It was all very weird, and none of them even mentioned those terms were part of the deal until I objected after actually reading their contract.  

Doing this makes you a principle or partner in the deal, you could be paid or compensated for stacking the paperwork.

Once you become involved with investors who are applying these principles that you learn in your research, you'll start to see it all come together.

Stay way from lease option, lease purchase, rent to own, etc.When you use techniques like lease option in your scripts to sellers, you open up a can of worms and they get confused.Did you get any training in scripts with sellers, handling objections, etc?

I've been running some numbers on a couple different leads from my direct mail campaign, and property management costs appear to sink one that meets my primary investment objectives (potential rent of $1300/mo).

The major problem with these kinds of cases arises when the movant (you) does not spell out clear goals and objectives.

I never heard of the "too close" principle, but I've only been in the business for 4 decades.4.