Foreclosure is also not the best method of relief, but it at least makes more sense than a bankruptcy.  

We also use this method to shift the maintenance costs to the tenant via the lease-purchase agreement. 

Is there a deprecation method utilized where the life of the building decreases with time (i.e. 

Scott's book, numerous hours reading and learning on BP, talking with a local guy here in Jacksonville who had a little experience and mostly capitalizing on my own good sense and ability to think a deal through and make a decision promptly.

It was a really nice eye-opener for the opportunities available and other method to acquire property (as worst case scenarios) through note investing.

The method I taught was  OPM ( Other people's Money ).

@Tyler McKendry I hate to jump on the bandwagon, but the method @Dave Savage explained above is really how you should evaluate deals like this.

Since then, I’ve become absolutely excited and obsessed with real estate investing, and read numerous books on the subject.The book learning was great, but some things were tough to learn from a book.

While working full time, I'm trying to identify the best program or method for completing the 90 hour classroom portion.

I have the title company in place that is willing to conduct the transactions for me and the escrow officer has done numerous lease option transactions, and the sellers are informed on the basics of the lease option agreement.