Purchase price: $113,000 SFH 5bedroomappraisal value was in the ballpark of $130,000 based on the condition. 

Have a FANTASTIC LIFE!!

I left knowing I COULD I CAN I WILL AND I MUST do something in life to create a cash flow in my life, to change my mindset and make moves.

Usually go with non refundable down payment,  some type of monthly credit towards their purchase (only if negotiated ), buyer responsible for all repairs ( assuming home is in good condition when they are buying it) and if they are not able to execute at the end of the lease term offer an extension period with possibly a little more down payment. 

Good idea to have a record of the unit's condition at move-in, at move-out and after cleaning was completed, along with the lease which has relevant clauses that state tenant liability for such damage.

The house we were looking at was right outside Elmwood village. 2 family vacant in decent condition.  

Regarding foreclosures and short sales:One thing to take into account, for a VA loan, the house has to be in livable condition.

So I have been listening to these podcast for past 4 months on land investing (land flipping): 1) The Retipster podcast (Seth Williams)  2) Art of Passive Income Podcast (with Mark Podolsky- Land Geek)  3) The Forever Cash Life Real Estate Investing Podcast (Jack & Michelle).    

This really all depends on the condition of the real estate and how many buildings it is divided amongst.  

About 4-5 years ago I found RDPD and it forever changed my life - and now I do real estate full time as a career!