She is inexperienced with investment properties, but I nonetheless chose to trust her over trusting someone of whom I no prior knowledge.For these reasons, I will continue to buy in Springfield until:1) the market of viable multi-families is tapped out (which shouldn't take long), or2) I learn enough to feel confident investing in other markets with the help of other professionals.I am very interested in hearing what advice you have to offer to a noob in my situation, getting recommendations of quality turn-key services providers in other markets, and in connecting with other people who can help me in Illinois (a finance person comes to mind first).Thanks, BP!

If we could build a program like that for RE investors. . .Belinda: I don't one think one should compare success rates of REI courses/programs with that of degree or trade certificate programs.

I always compare homes with similar above grade square footage and then make adjustments for basement after the above grade is figured out.

Agents Commission, Closing Costs, Sellers Concessions, Price Reductions, Vacant Holding Costs, Clean up to Sell, not to Rent, Repairs to Sell, not to Rent.Then comparing that with Lease to Own, they can rent out for PITI (if rent is less than PITI, then add an option payment monthly.)Hope this list helps your Lease To Own Business!

I didn't even know about this site prior, but I am glad I found it!

Three months and a judgment against the property due to its condition later (and us threatening to walk away from the property) we were finally able to close - just one day prior to the county inspector doing a walk through to determine if the property is salvageable or must be condemned.

If someone fails to screen properly, tenant had prior conviction for selling drugs perhaps, then slap him or her with a fine.

These are homes that sold for $200,000-$250,000 prior to the market collapse.

Sounds like you may need to consult an attorney and make sure you have all the documents and documentation (between you and the tenant) from when you purchased the property, what the tenant signed and the prior owners rental documents which may show the tenant sign the LBP disclosure as well...Good Luck!

I can't imagine a scenario where I'd be reluctant to let a legitimate buyer talk to my tenants prior to closing.Mike