You might get the $5-10k up front as a down payment but that could be eaten up by these repairs/lost rent.In the long term you might make a few more bucks, but the risk is much higher and you have a downside to potentially have to put cash into it to get rid of it, whereas you know your downside with the wholesale deal is $0 if you don't close it.Also with the new Dodd-Frank rules in effect, make sure you understand how those might affect lease options before you jump into one - there are many well researched threads on BP addressing DF right now .

Clients today are well educated and have taken back the power.”Measure twice, buy onceIf you’re going to take your design into your own hands, you’ll need to do your research.

I have seen many strategies for raising funds for purchasing properties from my research.

I'm doing all the research I know how to do, but sitting on my hands will get me no where.

I've been doing quite a bit of research on the new "reasonable steps" enumerated in the SEC page for the new JOBS Act.

Now my answer is admittedly going to be theoretical, I only have one rental property… That reflect property.But in my research and coming up with my strategies here is what I think:1. whenever you purchase a rental you need to make sure that the numbers work and that you have room to have a property management company handle the rental for you.

Listen to the podcasts and research the archives for topics that you feel necessary.

I would be looking at something for less than 100K, which would most likely be in a park from what I've been researching.

I have been thinking Frederick or Hagerstown for a little while but still really need to do some research what will work best for me.

That is where you start to research title, liens, back taxes, etc.