Using an option contract can cause issues with some lenders or servicers, but they are still accepted by most of them.One of the guidelines recently published by Freddie Mac which is used by servicers to evaluate a potential short sale advises the use of option contracts as a red flag becuase it smells real estate investor.I like option contracts myself, but they are not widely accepted by Brokers, REALTORS and MLS associations.

That's not really any different than what the free market would do by itself with an all private system as has been suggested by a few of the folks. ie. schools with great records would be greatly in demand, and be able to increase their prices, while poor schools would not.But how are we evaluating the success or failure of these schools?

IF you dont collect it from a shyster,,well you know,,evaluate your tenant just like houses,,,,reputation, track record, references, etc.

New law says: No one can be present (who may try to influence me), while I am evaluating that property.

If you assume OE of about 50% of your total income, then your cash-on-cash return probably drops below 10%, and you need to evaluate further.So, my big question to you would be, "Where is the extra $4K in income coming from, and will it generate higher expenses as well?"

Along the way, we'll be evaluating other options as we learn more, and adjusting the plan accordingly.

Biggest thing that kept us on the sidelines at first was over evaluating an opportunity.

Hope you get things organized and get into somm great investments based on your sound evaluations and not on opinions of others!

Also, the reliability of that value is often challenged, since most of the time each individual home is not evaluated, but neighborhoods are looked at in general.When an appraiser does an appraisal, they use current comparable properties sales data to come up with a value.

Now i've had time to think and evaluate, i'm starting to think it is a waist of time...THE FRONT OF HOUSE DOESN'T LOOK BURNED, THE HOUSE LOOKS LIKE IT CAN BE SAVED O IT IS SCHEDULED TO BE DEMOED IN A COUPLE MONTHS...3 BED 1 BATH SQFT 1,642Anyway got itFOR 7KARV IS 89KREPAIRS AROUND $18-20KSELLER SAID 1 BEDROOM WAS BURNEDEXIT STRATEGY IS TO WHOLESALE TO REHABBER BUYER....THANKS ANYHELP WOULD BE GREAT..