And although it may be unusual, my concern is what would happen if they just decided to stop paying and go rent somewhere else. all the lawyes and headache with that would be absurd.also in bankruptcy, I would be in line with all the creditors, so iguess ultimately you have to study their balance sheets and be confident in that manner, correct?

All that said, if you're confident of your numbers -- you can really purchase for $175K, you can really rehab for $20K, you can really sell for $270K, and your fixed costs aren't much more than $25K -- it sounds like you probably have a very decent deal.If you were to rehab and resell it yourself, you could likely make $45-55K.

I know this before I make an offer to purchase.You have to do enough local market research to feel confident enough to give yourself the "green light"!

You should be networking anyway and these clubs are a good start.How confident are you on the ARV and rehab costs?

Fundamentally, I think the public has lost all confidence in investing money in our public companies now and that lack of capital is what is fueling the stagnation in the market right now.

Now, after you've done enough deals to get one years worth of income in the bank you can make the decision to quit.Once you go full time, you'll now have experience, confidence, and proof that you can make a living flipping properties.

Not to mention I feel stronger & more confident.

As aformentioned in my previous post, I just made my way through the school system and I can confidently say that societal pressures and culture are our biggest problem.

More knowledge usually gives you more confidence. 

Are they stable enough for you to be confident that they will eventually buy your place if you do a lease option with them?