somewhat negotiabledoc prep fee: a few hundred, also somewhat negotiablevarious other fees: maybe a hundredlender's title policy: variable, but something like half a percent of the loan amountProperty closing:inspection fees: few hundred.appraisal: $500 more or less.

Then take hundreds of millions in tax payer bailouts to save their asses from going out of business.

That's a liability nightmare for the inspector.Here's a much better way to spend a few hundred bucks... find a reputable and skilled general contractor and tell him to come give you a bid on repairing the property.

There are hundreds of threads on BP about how you purchase with seller financing.

Why when it is obvious that a person cannot manage to pay on time payments on a car loan for a couple hundred dollars or less than $100 on a credit card, do they assume they can be responsible enough for a 200k + loan?

For handling a few loans on your own, you might want to look at Note Smith (www.NoteSmith.com) It works well if you have fewer than a couple hundred accounts.

As far as asset protection, you can have one of a hundred properties in one LLC.

As far as I'm concerned, a tenant that refuses to pay rent is no different than someone breaking into the house in the middle of the night and stealing several hundred dollars.

Tom, Quite the contrary, I am looking to sell these homes, one at a time, to retirees, and actually where more interest seems to be coming from is from the immigrant community who feel they can afford a house even making Wal-Mart wages.What needs to be understood is the perspective of people in, say, the DC area, who are looking at homes starting in the several hundred thousand dollar range.

The tenant is providing the investor with hundreds or thousands of dollars per month to pay off debt, which turns into equity for the landlord.3.