If you are reselling and the buyer is using FHA they will REQUIRE you to connect it at the street.How deep is the well??

Anyone and everyone with perceived deep pockets.That would be you.Bottom line, it is your choice.

Wondering if anyone is currently employing a note buying strategy where you acquire non-performing residential, owner-occupied notes and modify the loan with the current owners to keep them in the house.Not to sell the note but to keep long-term for cash flow.I have access to several notes at a deep discount and am not interested in foreclosing.

He then markets looking for seller's who are motivated (for whatever reason) enough to sell their property for a deep discount.

My goal was to be able to semi-retire so that I could do the things that are important in life like going camping with my family and friends; riding my motorcycle; going scuba diving; snowboarding; volunteering at Church; and other things that I enjoy.

Seeing as Im hoping to get into some rentals here soon at deep discounts..

Today even with deep discounts you can't make the properties cash-flow properly.

However, I'm a bit nervous to dive into another one and the reason is because I'm hearing and seeing a lot of rental houses sitting vacant.

Use that extra to apply to a new acquisition that produces additional cash flow.Education is key, so if you are just beginning, I highly suggest you educate yourself sufficiently before getting in too deep.

Even if someone is convinced to buy a shiny new car, they know, deep down, its just an expense.