Arent those supposed to be investigated prior to offering the property for sale?

These types of relationships grow over time when both parties feel like they have something to offer the other (yes, the person being mentored should also be giving back to the mentor).Take the mentoring relationship slowly...in the meantime, figure out what the potential mentor has to offer (and if it's what you need), his "teaching" style (and if it works for you), and what you have to give back.

I plan to offer on an reo sfd that is being auctioned.

I'm not sure what I can afford to offer without knowing how much I could spend trying to get the other lots together so can anyone give me some advice as to how I can research this?

normaly you will have to will have to offer 80% -of asking price of the LISTING price to get the bank to look at you.

You and the new owner could negotiate and come to some new agreementWhen your lease ends, the new owner would be able to offer you a new lease.Your security deposit should be transferred from the old owner to the new one.

Once you see the property and decided what you want to offer you should consult with a lawyer to help you draft an offer on your state's form.

I look forward to the expertise you have to offer to all of us on the site.

Depends on how much money you want to invest , where the money is coming from, what your objectives are, and what your current tax status is, among other things.If you tell me a little about your situation and what your plans are I may be able to offer some suggestions.To be clear, I am not against cash value permanent, dividend paying policies sold by reputable mutual insurance companies. its just that it is not well suited for the purpose you describe

Then what you have to offer is four established businesses that are willing to sign a five year lease.. as the General Partner you can then gain a share of the ownership for doing the legwork for the other businesses.