Did not mean to imply you were dodging anything.So, if a guy claims he has an income of $1,500 a month and ten million in gold in his basement, you're suggesting that the court will not look at the ability of the guy to produce income, his assets or consider any other aspect of his financial position, just what he claims on a W-2.

Other aspects are the existing leases, the tenants, financing, market value and maket rents in the area and compliance with local requirements.

What right do they have to control an aspect of this deal after I have purchased it from them?

I would use my plan to invest in RE in several aspects using my solo 401k plan I set up.

The whole book is a very very useful reference and a good jumping off point for exploring a particular aspect further.2.

This sounds great if you want to get involved in so many different aspects of the business.

I've gotten anxious about deals and it always clouded my judgement about some aspect and I ended up mis-stepping on some part of the deal.

Jimmy, during your conversation if you inform the other party that anything they might say will be public knowledge and while you say something to that effect press the record button that can be notice, you don't have to say this conversation is recorded for training purposes (lol).But on to other aspects.

The important aspect is what the take-out lender's appraiser will use for comps.If the area has some active "nice" homes for sale, you should be OK; but if the only properties moving are the REO's it will definately impact your ARV.

I own a few properties but want to do all aspects of real estate.