It'd be more ideal for growing my real estate.

For example: If I found an apartment building that had a landlord that was burnt out but still around the age where they could still use some cash flow I would offer an opportunity where I could go to a bank and ask them to finance 70% instead of the normal 80% which is better for your LTV come time to underwrite the loan and then would ask the seller to carry back the other 30% and instead of paying a bank all 80% of the home and me having to come in with 20% cash I would come into the deal with absolutely nothing down while I finance the property through the bank and the seller.

Welcome to BP.I invest out of state and help others invest out of state as well.Would love to help you grow some cash flow out of state.Let me know if I can be of any help.

Awesome story very inspiring keep grinding and keep growing!

It can be a very difficult up hill battle as they were likely not educated on finances growing up.

Anticipating lots of expenditures do to the ages of the homes in the area.As far as the leveraging, the plan is to use the equity in the homes to leverage deals after the exchange.  

Jack just have them deposit it into escrow like any other deal.. and a notarized document does not mean squat it only means it was notarized how on earth do you think that would help you if they did not pay you LOL.. you would have to sue them and that's expensive and time consuming just like you found out when you got in the squabble over the 10k EM.I have had a few of my notes I carried on bare land that turned out the buyers were growing weed and they wanted to pay me off in cash..

Age of the roof to predict whether you'll get welcomed with roof replacement notice?

For clarity, I still have a box of baseball/football cards as I idealized Bo growing up. 

@Kapil Patel, aah, the age old dilemma: how can I live for free, and, without working?