Welcome about Kristian.Just a reminder to double check those build figures before you make any commitments.

@James Sinclair James I bet you would have more fun being the bank, than being the landlord. cash flow is much better let some of these young guys and gals that want to build up their portfolios deal with the 3 T's while you cash your check.Most of the Investors I work with now a days would much prefer to be the bank than own the asset..

It's my 200% commitment and focus and I will do everything to stay on schedule/budget to make this a truly successful endeavor of self-sufficient income and long-term financial security.Thanks to everyone so far for your support and encouraging words, and thank you in advance for everyone who still is to come!

I'd make sure you two get along first then commit the time to making sure that one agent know exactly what you're looking for.

If you have a bunch of land contracts, you don' t have mortgages and I don't believe those will be fail the 10 loan rule.

With an option, have the buyer get pre qualified, it too can have a financing contingency to the point of any loan commitment being made, at that point the option is granted.Just find qualified buyers.Your buyer could contract directly with the seller after you take an option and first right of refusal, if the seller ends up going to closing the seller can pay you to release the option and FRR to clear title to sell.Watch yourself with licensing laws

@Tiffany T.

I just don;t see the benefit for the Landlord since the Landlord has to set up the utility account, pay the bills and then calculate how to charge the tenant (or read the appropriate meter) and send a bill to the tenant and pursue collection.Can anyone help me see what I am missing?

I don;t use local agents since most of them are working for specific companies anyway.

I recommend this book by Gary Keller et alhttp://www.amazon.com/Shift-Estate-Agents-Tackle-T...Chapt 10 is creative financing.I show that book to agents, Chat 10, all about being creative with sellers and buyers, getting the deal done.