The origination would be based on a $300,000 loan amount.      

In my opinion, the L/O in this case, does not give you enough protection based on the significant Option consideration you are paying.

I believe he’s based in the Seattle area.

We have a tenant in Washington County, Maryland who pays his rent on time every month, but has refused to pay his water bill, even though in the Lease Contract it states he's responsible.

The sharks are in the water, circling and waiting for things to "settle".

This is not a matter of opinion, this is based on a ton of research testing and evaluating.You don't just "give" your website when a seller asks. 1) They are not going to ask.

Then the water fill switch failed and it filled the house with water.

Which would require you bringing ~$25k to close. your plan seems smart and based in the reality of our current economic conditions.if you would like additional info about what's available in my midwest market, including analysis of possible acquisitions, reach out to me.

If you want an agent that is on the ball, hire based on their experience and not their personal relationship with you.3.

Do I simply jump in with a rental that would (based on the calculator here) give me a 16.56% CoC ROI and move forward from there?