Our focus is to help people, so on that basis ...If it's REO and I know the owner could stay with a lower mortgage payment, I'll buy low and resell back to the owner at a reasonable price.

You also don't have the backing of the broker organizations to help train you and support you when you have questions.

Section 83.51(2)(a), F.S.In addition to providing the above requirements, the landlord of a dwelling unit other than a single-family home or duplex shall, at all times of the tenancy, make reasonable provisions for:Extermination of rats, mice, ants and wood destroying organisms and bed bugs.Locks and keys.Clean and safe conditions of common areas.Garbage removal and outside receptacles.

You put this in commercial real estate topic.This designations are more residential in nature.If you want to start learning commercial go after the CCIM as a start.When you decide what asset class you enjoy and want to specialize in (retail,land development,hotels,office,industrial,multifamily,etc.) then you can get additional training from organizations that only handle those fields.

. § 1112(b)(10)....Chapter 13 is what most individuals are placed into; this is intended to set up a schedule for repayment (sort of like a re-organization).

More info (in case you're having trouble falling asleep): :wink: In spite of the general exclusion from UBTI for passive income, tax-exempt organizations still must pay tax on a class of UBTI called "unrelated debt-financed income" (UDFI). 

If you're looking to build some cash reserves and looking to get some experience that you can use to persuade lenders to work with you, why not buy the property on those terms, fix it up, and resell it to an investor/landlord immediately?

All in all the money in a money market is paying 50 bucks a month and the other houses on street are 1100 and 1200/mth so I figured even though I don't have much experience with rehab and reselling i cant screw up too bad.

If you are planning on reselling this property immediately for profit, you MUST disclose that.

If you are reselling and the buyer is using FHA they will REQUIRE you to connect it at the street.How deep is the well??