States have various requirements.SEC Regs are complex, understand that the SEC was totally against the law and it is questionable as to what scheme really qualifies as a job producing activity, not defined.

And I do get sign calls not a ton of them but enough to produce a deal or two a year but the no sale contacts may have other needs and have led to other business.

Some people think there is, perhaps, what you might call an option value as with stocks, in that maybe some day it will be capable of producing income.Outweighing that however is the cost of paying taxes, insurance, utilities, mowing the lawn and such on the vacant house until that day comes (and it will probably never come).

This is the primary source for the best and most successful listing real estate agents.Top producers do what others are unwilling to do.

@Matt P.Hola....this person's main source of income is a business they "just bought" (don't know the date) so I have a strong feeling they are not going to be able to produce tax records from last year to prove income, and I know the SSI income alone will not be enough to cut it.

Currently you have a fine-little-home that sounds desirable and will be a great income producing property.

Currently, my sister and I are members (foreigners and non Americans) of an LLC which hold land (non income producing), a mobile home park and a single family home (income producing) and another piece of empty land which we are planning to develop into a multi unit homes to sell.

Contract states that the earnest money would only be returned if a clear title could not be produced; it was.This Buyer is attempting to buy several commercial properties in the Houston area so Wholesalers be ware.

I'm trying to figure out if it would make sense to find a more steady job to produce some income and to do real estate on the side, or if I should devote all of my time to investing.

A borrower not in a good position at a maturity event which creates a balloon might have the ability to produce an affirmative defense to the balloon.