I’d be cautious dealing in that type of property even if you had experience, a nice cash reserve as a safety net and a bank lined up which it doesn’t sound like you do.

It did sound like I was pushing for something creative just for the sake of it.

His book really sounds interesting and might be something you'd want to check out.

My ultimate goal is cash flow so it sounds like the SFH is more of a long-term hold investment relying on appreciation.

@David Clinton III..Sounds great.

I’ve heard way too many horror stories.It sounds like you are busy building another business so another thought could be to partner with someone you trust who’s full time business is investing.  

@Jo-Ann Lapin That sounds great!

It sounds like I just need to be making offers constantly in order to catch that one great deal from a motivated seller.

If so and they are taking the property as collateral this sounds like a standard mortgage situation. 

To me, it sounds like you're saying:If I expect to put 100 offers out and get 1 of them, exclusivity should be in playIf I expect to put 5 offers out and get 1 of them, exclusivity should not be in playDoes that sum things up accurately?