Be sure you have your buyers lined up ahead of time, be sure you have an out in the contract

I'm very glad I went ahead and read the book.

Call them and ask them what lenders they know of and/or endorse for loan programs catering to or specific to first-time homebuyers.These 3 sources should give you a head start and a good overview of your best options.good luck.

Do you have any special formulas on what you'll assign things for?

Its also home of Swift, the meat packing company and one of their plants that was recently raided by ICE.

The small local banks that I use have their own formula for calculating the validity of the deal.

BreitlingUT,The simple formula for cash flow is to subtract the mortgage payment from 1/2 of the gross rents.

she wanted her option money, all her rent credit and $$ for improvements (planting a couple outdoor plants which suddenly became expensive) since she wasn't buying the property.Long story short, it goes to court and the judge rules in her favor.

Had I put the information I had in use and started RE investing then I would be much further ahead now.

Some quick-fix upgrades that might help include:[list]Offer free Internet acces (e.g. if you're near college; $50/mo)Install in-unit laundry ($600 appliances + $500-$1,000 install)Offer free gym memberships (Planet Fitness is $10/mo)[/list:u]Each of these likely costs less than another month's vacancy and might bring your units up to speed, or ahead of the pack.