I played along with them, drawing them out so they would explain what they meant, once they finally came out with it how they  would leave without any trouble, clean everything up and even help rent the place by showing it for us, all they wanted was to forgive their over due rents and give them $1500.

He has said that it would be wise for us other owners to "piggyback" on to his sale by having a lawyer draw up a contract, when that time is right.

What can be expected to happen in the real estate world with the first of the baby boomer generation being forced to draw on social security this year? 

But, for everyone else, there is a place between 50% and 99.9% where they draw the line and say, "Below this is gambling...above this is not."  

You calculate cap rate simply by dividing the net operation income (NOI) by purchase price.

But even if you calculate the NOI correctly dividing that number by what you pay for the property does not give you an actionable event. 

You are able to make decisions more logically when the emotional draw is mitigated because you realize this one club isn't the absolute only way  to get into real estate.2) Relationships - Before signing up for Wealth Builders, private message three different real estate investors in your area and take them out to coffee.

The real question and challenge will be, to add another adage, where's the line you draw before becoming 'penny wise and pound foolish'. 

Or should I start wholesaling to draw more cash at first?

Contracts, they already have in a folder being huge companies they have many if not all contracts by state already had lawyers draw them up.