Other than that it's pretty simple.

Yup, hit a lender up local to the real estate you are purchasing once you have that job offer letter or transfer letter, as applicable, in-hand. 

@Chris Seveney  @Mindy Jensen    Mindy can you run this up the flag pole at world headquarters.can you guys develop an easy PV  for note investors .. a simple to use calc. to help these folks who are trying to determine what to pay for a certain yield in the note space.. ??? 

(Hopefully if you don't use the CAR lease then your lease has a similar clause that holds the tenant responsible for toilet/plumbing clogs/blockages that they cause.)So, as you can see, there's far too many variables to give you a simple answer as to when to authorize the afterhours service calls and when not to. 

The answer we gave to the woman was put as such: the name put on the deed of the house is the name of the investor that we hand over the signed contract to (aka the buyer).

Agreed, keep it simple and start the lease Aug 1.

., simple.....

Having said that, its not quite as simple as the 1% rule,  Rules like this are good weed out for those of us that look through large numbers of deals at a time and need a fast way to determine what to spend time on and what not to.  

I got an opportunity to work as a custodian part time at non profit close to home then began to work my way up to full time employment with the ultimate goal of getting my hands on a stable income and benefits plan for myself and began working on my road to returning to education and financial freedom.

The standard solution is to exchange the land for some other investment real property - anything from another land to residential or commercial rentals to a completely hands-off real estate investment.