Carolina E Thank you!

When you buy with a 30 year note, the interest, i..e, the "rent" on the money is huge.

We clearly outline in our house rules that we expect Tenants to notify us of anything that breaks or is not working correctly - via e-mail if it is not urgent, or to call if it is urgent.We also provide our tenants with a contact list (velcro'd to the inside of a kitchen cupboard door) that contains the e-mail, office, and on-call numbers for our trade/service providers {plumber, locksmith, etc.}, so we rarely get those calls directly.

I get e-mails from a company that offers standalone commerical properties.

Carolina E beat me to it about setting up keyword alerts.

Good Evening bigger pockets board, I received an e-mail today from a RE agent stating her brokerage is working with a new HEDGE FUND, that is looking at buying up to 50 homes a month!!

Sounds like a great idea - setting up my keyword alerts right now.Carolina E - Thanks!

If you want to lease purchase and protect yourself, first have them pull their credit report.Or go to a local mortgage licensed broker, and apply for a home loan.See if their D/E, credit, etc. is reasonable for an FHA loan in 12 months.Get 3% option consideration.Make the strike price in the future at new appraisal (12 months from now).

Originally posted by Steven E.

Get copies of the seller's Schedule E from their last two (or more) tax returns to see the seller's actual expenses over that time.It could possibly be a deal if the market rents are really that high.