This sounds easy and innocent enough but be careful because if this goes bad you can be in trouble because a judge could potentially see this held back as a lease option fee or owner financing down payment if he gets a smart lawyer .

Not only does BP have free informative forums for you to learn and comment on, it also has free online courses, guides, and success stories from other real estate investors.You have come to the right place, Joseph, and I wish you all the best in your real estate investing career!

It's bad that you didn't do anything with that knowledge.

Feel free to PM me.Once again, welcome back, John, and I wish you the best in your real estate investing career!

What to look out for in determining potential neighborhoods (I am not local to the area and is curious on how "hot" neighborhoods started out and what signs to look out for)How bad can a bad investment be?

I'm focusing on a buy and hold strategy in hopes to create cash flow and have an early retirement from my current career.

Ive heard good and bad things.

As a newbie, you need to learn about what a good deal is and what a bad deal is.

This is probably bad advise but here’s my opinion ..if he’s a good tenant otherwise and pays his rent and he’s doing tasteful improvements that Add value and maintains his repairs why would you want to drive off such a tenant .

None of the units have dishwashers or washer/dryers, so may not be too bad, but still considering if it is feasible to have meters added so I can bill tenants for their water.