The list goes on and on and may include: landscaping, exterior lighting, mailbox, patio/deck, air conditioning (although it probably has it considering your area), etc.Also consider the quality of the home.

Section A to be Deleted, and Section A now reads:insert (at lines 56+): At completion of closing with a qualified buyer purchasing the Premises according to the terms and conditions of this Agreement or upon such other price and/or terms as subsequently agreed to by Seller, Section B modified to add 60. section B: I'm not real comfortable with B.

Sounds like you need a lawyer familiar with your local laws.

Make sure you prove by maid service invoice and/or pictures what the condition of the place is before you rent to students.Make sure your lease is ironclad.

Also, since this market is still going down, when figuring future value of a home, instead of adding a certain % of appreciation to the house, have you been depreciating the house based on local market conditions?

If you want to be a doctor, nurse or lawyer though, you should finish.If you know you will be doing real estate I would find a great mentor and work for free!

Pitfalls are not selling the house before your lease it up (have it revert back to the seller) or having the tenant trash the place, (make them responsible outside of reasonable living conditions, or take more of a downpayment), or double closing in the end, which there are a few ways around as well.Its a good strategy, if you learn from someone who is doing them, currently, and is watching changes in laws, etc.

Stick to your guns and offer what you want to offer.Finding a great realtor or mortgage broker or lawyer is kind of like dating...sometimes you have to go through a lot of rocks to find a diamond.A good Realtor will communicate with you, provide you with information and insight and present whatever offer you feel is best for you.I wouldn't go too harshly on them for showing you homes that may not fit exactly what you are looking for.

It should get to the point where you can call them BEFORE you go negotiate the deal, describe the property, street, and condition, and they'll tell you what they'd pay.

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