If you live in Michigan and can recommend a experienced accountant that would be beautiful! 

I've heard that there is enough to go around and that maybe true however seems like there may be an over saturation of letters.

The beauty of commercial is that its all about the numbers and not emotion

Just sounds too good to be true.

Since I have worked with several first-time BP investors on making their investor dreams come true, I wanted to ask a few questions.1.  

You can test the market out after you find out the sellers true motivation for listing the property. 

Another point:- I am fairly sure it's NOT true that "insurance for a rental is less than a primary residence", but, quite the opposite.

I am going to list the high points below:List price $35,000.00Negotiate down to $29,750.00 (15% reduction)Down payment of 15% = $4,462.50My principal = $25,287.50Interest Rate = 5%Term on loan = 15 yrsNote = $199.97Sale price to lease option holder = $44,625.00 (1.5 x my purchase price)Down payment paid by buyer = $4,462.50 (10% of purchase price)Buyer principal = $40,162.50Interest charged to buyer = 8%Buyer term on loan = 15 yrsTaxes = $50.00 (added directly to buyers monthly payment)Insurance = $50.00 (added directly to buyers monthly payment)Buyers monthly payment = $483.81 (Note + Taxes + Insurance)Buyer covers all maintenance and repairsMy monthly profit $183.84The beauty of this plan to me is that the amount I put down in a down payment is the same amount that the buyer pays me in a down payment which causes me to have ZERO money on the table when they start making monthly payments.  

Here is the one truth that a lot of new wholesalers/bird doggers/investors don't get:If you have a true deal, investors will line up on a waiting list to take it off your hands.If you put your focus 100% on finding deals, you will make money.

I't true three heads are better than one, I will follow upon all these ideas that I have not tried yet.And Thank you!