Rentals normally are going to require at least a down payment and closing costs but not always, and they may need to be fixed up, also.Wholesaling and rehabbing are time and skill intensive, while rentals are by nature passive and can be delegated out very easily.If your credit is in the toilet, building an extensive rental portfolio may be out of the question right now.

The flat roof absolutely requires a skilled installer.

This remaining payment kicks the price into uncomfortable territory for me and since the sellers agents skills of bargaining are nil I though there might be a chance to go directly to GMAC and purchase the loan myself, (after bargaining).

Developing skills and starting to create a niche for myself to truly be dubbed a "Real Estate DIVA"

A rehabber would probably be unwilling to do this deal if you insist in the property being in your name.

I have little to no website building skills.

- Many applicants are skilled liars

I called them up and service rep was unforgiving, was unwilling to even reduce the rediculous charges.

Again, though, it depends on what your goals are, what skills you possess and how much risk you are willing to take on.

And inventory your skills.