Hopefully these leads will be more quality and produce more deals than some of my other methods of obtaining leads.

Which would you rather have and which one would produce better cash flow?

The earnest money deposit becomes non-refundable at that point and will be held as liquidated damages if the client doesn't appear to sign Lease/Option agreement or fails to produce the rest of funds necessary to close.This saves a TON of time that is wasted in the TBer lookie loo business.

If it produces a 12% return at a certain price and you're buying for cash flow, isn't it worth that price?

Hi Silvestre Madrid ,That's not a bad idea if you're looking for a place to live AND you want to build up the equity in that property while you're living in it.However, I wouldn't go as far as calling it a true "investment" because an investment provides you cash-flow, and your principal residence doesn't generate cash flow each month, or provide your with a return on your capital (until you sell it and realize a capital gain).In some markets it actually makes ore sense to rent your residence, and take your investment capital into a market where real estate makes sense and produces cash-flow and a healthy rate of return for you.You obviously need to consider your personal situation, living expenses, investment capital, etc.

Followup, is it true that we don't want to hold a mortgage note near its maturity because the deductible portion of the payments will be too small and we are better off cash-out refinancing to an equivalent payment size as long as we can produce income on that cash-out equal to the interest rate of the note?

A lot to consider when valuing a MHP, but don't pay for potential, you pay for what it is currently producing.

This article below got me wondering if rental income producing properties are a less viable option for us.I appreciate your thoughts.http://seattlerealestateinvesting.com/why-you-shouldnt-buy-seattle-real-estate#

Investors from high-priced markets like California, New York and New Jersey (to name a few) call me often looking for better investment options.In general terms, you could easily purchase two turn key properties (for cash) in solid markets that will produce $400 to $600 per door (depending on the market).

Where are the top producers?