It’s a great way to learn more while doing other things such as exercising, driving, etc.Get involved with a local REIA groups.

Try not to tie-in substantial lessee improvements with the option exercise. 5.

So many tell you hurry get into real estate now, take action, get started no matter what but there should be room to allow for the exercise of wisdom and not taking on more than you can chew. 

If you commute to work, or exercise, or cook dinner, or clean the house, or anything..

Downside is if the tenant doesn't exercise the option, & any repairs that may have been needed during the course of their stay was either sub-standard or not done.Do you know why he wants 30K?

We overcame this by sacrificing most of our personal time, exercise, and sleep for the entire month of September.

;-)Exactly how did it enhance your experience?

That being said, I have avoided calling my mortgage lender to date in fear that they'll exercise their rights to call the loan or force me into a refi.After reading about "extenuating circumstances", I don't think that they apply to my situation.

You can exercise your rights, pay the required amount, and regain ownership, but until you do, its not yours.If you want to be sure of MI law, see a lawyer.

Let the results, good or bad, speak for themselves and teach.Don't Have a Scarcity MindsetKnow that when you invest your money, you are not limiting your income by exercising your savings.