VA has tenant commit to how they are going to pay and when we should expect payment - obviously the first is the expectation.5.

Then there's also often a financing contingency, but you have to have put forth good faith effort to obtain a commitment, etc. so there is very little room for "cold feet" or opportunity to walk because your lawyer wasn't comfortable with terms of the contract.

So I committed myself to make a change in my professional life.

So here are my specific goals/questions: end goal of $200k in passive income by 2024so what sort of time commitment are we looking at to make this happen (in hours per week)?

I've committed myself to making the plunge of my first purchase by June.

That being said I'm not trying to commit any fraud just looking towards other avenues or loop holes.

That being said, you should be careful that you don't get a tenant to commit to a renewal prior to being under contract because that will be good reason to significantly increase the purchase price on you.

Jeff, so your view is they are unfamiliar with the process and underestimate the time commitment  involved, right? 

Do not take the risk of committing without knowing the condition of the property you are purchasing.

Originally from Newcastle - but spent a lot of time in Leeds.In terms of area - I'm open to be honest - the crazy prices here in the Bay Area, make it a big commitment to get started.