You could spend a fortune retrofitting your house depending on what needs to be done, and I would bet that if you had 10 different engineers look at it, you'd get 10 different opinions.

I was doing some reading and learning and have come to a conclusion that maybe my best bet would be to sell on a Land Contract gather what I can from those down payments and possibly create just a little bit more cashflow and use it to put down on an actual cashflowing property.

Don't just look in the paper, or online, actually GO to open houses, etc. and find out what's on the market, what you get for the money, etc.

With renters; you bet.

You can bet he'll be even less responsive after you've agreed to do business with him.

Your best bet is a small local bank.

I did some online research but wasn't able to find additional information about using a grant deed in this case.

If you bring a polite attitude and a spirit of refusing to accept no, I'd bet you'll have some success.

The right choice is perhaps dictated by whether you want the benefits of current return or want to bet on future value.

But as a was looking online i found a home in my area were someone is selling a 2BR-1BATH HOME for $1100.