I’ve spent the last two days absorbing all the information I come across and I’m very impressed by the knowledge that’s available on this site!

Thanks Bill, So what do you think about this...if I find an investor who will pay cash for the property (say 350K) and I serve as a lease holder for two years and they collect the equity after that point, (when I buy the property from them or refinance if the former was a lease purchase) could that work?

I personally prefer to rehab my properties before I rent, that way I collect more rent and I am able to refinance for more.

We can buy a 2/1 or 3/2 and do minor rehab for $70,000 or less (all cash) and collect $900/month in rent.

The best profitable relationships are going to be built in social meeting sessions where you may not get to talk to everyone but where you can make an impression on some people.

That's not the case across the board and it may simply be an issue where the association isn't aggressive enough in collecting past due balances but I've found that not to be the case most of the time.  

I recently received a notice from them saying pay the bill or it'll go to collections. 

Give a nice warm smile AND ALWAYS remember their name it makes for a good impression on the way out.

Joe, who I get the impression does not have a strong grasp on financing, signed up for investor financing through ABC Properties (hard money, short-term type financing from the sounds of it.

Iain S.Welcome to the site.I like what your doing....Impressive.