Will continue to study and hopefully get hands on when I get back.

On the other hand being a "Wholesaler" means you get the property under contract.

The trouble with a rent to own transaction is that typically little cash changes hands up front.

HUD STILL owns them, so what I was wondering is if they failed to find a buyer and forfeited EMD on these properties (which would add up to a ton by now) or are they advertising the properties before they are even auctioned ( which doesnt make much sense unless they know they are going to be auctioned and have an interested party before hand...)

4) Any paid mentors that you have heard very good things about around the Ventura/L.A. area that would hand-hold me through a few deals?

Hand write the envelope too.

They insist on an auction so its out of their hands and left to fate.

I am not a smoker, but I don't have any rules against it.Reasons stated are valid reasons for prohibiting smoking indoors - having a fire is not.The risk of having a fire is very low - and probably even lower for Dennis Tierney, since the other tenants are more aware of the dangers now.Taking a proactive approach to things is good - like prohibiting smoking indoors because of the wear on the unit, or outdoors because of the second-hand smoke.Being reactive to things like fires is bad.If you never had the fire, would it still be right for you to prohibit smoking outside?

It sounds like most of you are pretty hands off about your management.Nate Gelinas That's great!

Instead of looking to have stuff handed over on a silver platter, why not do some trial & error tests?