Hi all, I'm fairly new to real estate investing and am looking to venture into lease options.

I'm sure you didn't mean anything by it, but it's a stupid way to get in trouble with Fair Housing laws.Matt

If you continually market to an area with signs, fliers, business cards, and direct mail, it will become essentially saturated with your marketing message and your response rates will soar.There are some drawbacks to farming as well, which are fairly easily overcome.

I don't know how it was done but I know it was fairly common in our market.

i didnt need to address the other issues as wheatie (jon) already did that... lets just say that i am happy here in the midwest paying fair market value for a house....

Great Post Rob,I am fairly young and purchased my first condo at 20 years old.

For example... if I were to increase the rent 1000 per year and decrease expenses 1000 per year... how many months or years would I be required to maintain this before being able to sell a property for an additional 20K in a 10% cap market?

I am fairly new and want to take as many correct steps as possible.

I was wondering if anybody was familiar with how easy or difficult it is to get and maintain renters on the east side of Detroit?

Wouldn't prices have to fall very sharply to create this situation, and even if he'd only paid off a little of the mortgage wouldn't he still be in a fairly good position?