Forney has a very good school district and is becoming increasingly popular with folks looking for a less crowded lifestyle.  

FL was one of the most popular areas for this type of transaction, but in Los Angeles County and most counties in CA, it is not allowed or even possible.Number 2, as Ben labeled above, is NOT the safest way to perform a wholesale deal and a purchase contract is not a security.

If you can find a good deal and do the work of clinching it, you're suddenly a popular wholesaler.

I've gleaned an incredible amount of info but I don't think I've ever seen this answered.If I found a deal, in much the same way any other investor would, lets say I could pick up a SF home for 55k, and it's worth 100k, and it needed say 15k worth of repair, so I hit the target for a house that's going to be worth investing in,Would I be able to purchase that home with an FHA secured loan?

Hi Bryan, Summerlin is an awesome area of town and in fact one of the most popular areas.

It's incredible how much information is available. 

There are some incredible minds and undoubtedly successful portfolios here.

I know condos are not popular investments cause of the HOA fees but it might be help get you in something sooner rather than waisting money on rent. 

This site is incredible. 

Lots of popular deals require non-refundable earnest money in order to be considered.