The house is on a penninsula that is reclaimed phosphate mine in the middle of a lake.

Then he got thrown in jail without letting the landlord know,,,in middle of winter.

3/1 single family located in a lower middle class neighborhood.1150 sq feetAsking price 20kPartially rehabbedNewer furnace and WHRents $750-$800 month Estimate 3-5k to finish rehab (my standards)Owes $9500 on back taxes (taxes $2000/year)I spoke to the Realtor who is representing the owner (Doctor) and they are asking $20k, owner financing, 11% interest and 5k down.

I'm pretty fresh to investing, I'm in the middle of my first deal right now and it was a pretty odd one at that ( a rehab on a purchase option with a plan to use the rental income from the property to pay for the property itself.The deal is finishing up right now and although I'll probably end up making very little money with it I have learned A TON and I am ready to start investing more seriously.I'm pretty strapped for startup capital due to having extremelyy low job income but I do have about 21k in mutual funds right now that I could liquidate whenever I want and probabably have about 17 after taxes.One part of me wants to liquidate it immediately and leverage it into a decent first property ( or two) but one part of me thinks that I should save this easy money until I have more experience and I'm less likely to squander it.If i do save it, it could mean waiting years until I have a career which can provide that sort of discretionary income to start with ( I just graduated college and don't have any serious long term job offers yet).

When it came time to sign in a lease in spring they just up and left in the middle of the night (think the harvest was over).

Having been a middle-market commercial lender at what is now Bank of America, I can assure you that talk of wanting a "relationship" only means, "We want as much of your business as we can get, but only to the extent and for the amount of time that it suits us."

Hopefully one day they will realize that the truth is in the middle and that their hyperpartisan rants reflect rather poorly on them.

From what I understand wholesalers invest in a property to sell to another investor so yes, that would make them middle men.

NEVER stay in the middle of a sandwich lease option UNLESS the seller signs the deed of the property over to you personally, or a business entity you set up, such as an LLC or a land trust.

As far as the Nomadic life style," Nomad is my middle name."