I bought a home formerly used for streaming porn and i imagine postitution and found a few adult toys that a horse would be afraid of.

Let’s say you are meeting with an old guy who has worked in a factory all his life, but scrounged and paid his house off – do you think that it might be too much horse power for him if you pull up in your beamer and world in wearing Gucci and a Rolex?

Sure enough, when unpacking the font that was created for me, my AVG found a virus AND a Trojan Horse.

Michael, you sound like me talking, don't get on the wagon until you have the horses hitched up.Now, if there is some unusual situation where a property is to be acquired and sold within 90 days, knowing there is no problem with a sale you might use a Sub-2 arrangement to facilitate the deal.The seller needs to understand these deals, giving the seller some disclosure saying they are going to be responsible for the loan and they will die, isn't really having them understand all the risks involved.As Michael said, don't get involved unless you can take out the underlying debt

Since there is no value in beating the spend-more-money-on-marketing dead horse, I think we should take a different look April and let's think this through.Why do some people quickly jump on the wholesaling bandwagon?

Here are some facts from city data:Estimated median household income in 2011: $25,842 (it was $21,887 in 2000) Estimated median house or condo value in 2011: $77,862 (it was $48,900 in 2000) Median gross rent in 2011: $396.Houses: 1,023 (892 occupied: 531 owner occupied, 361 renter occupied)Most common occupations: Driver/sales workers and truck drivers (13%)Other production occupations including supervisors (8%)Other sales and related workers including supervisors (6%)Building and grounds cleaning and maintenance occupations (6%)Material recording, scheduling, dispatching, and distributing workers (5%)Law enforcement workers including supervisors (4%)Health technologists and technicians (4%)Percentage of residents living in poverty in 2011: 30.9% Race:White alone - 2,339 (92.6%)Hispanic - 74 (2.9%)Two or more races - 65 (2.6%)American Indian alone - 32 (1.3%)Black alone - 8 (0.3%)Asian alone - 8 (0.3%)compared to Missouri state average: Median household income below state average.

The returns won't be as sexy but sometimes slow & steady wins the race. 

This is not a race, just pace yourself each day life you are walking a Marathon!

I never looked a gift horse in the mouth, but as I think about it, this may be a requirement from the state insurance commission, disallowing charging premiums for the same risk, I don't know, but I can see the issue.

A lot will look at your scenario for 5-25K, but unfortunately, that's where a lot of deals end.Outside of a couple specific situations related to multifamily or medical projects, I don't have a horse I could put in the race.