One of the biggest, most persistent myths in this country is that there are thousands of "innocent" people getting hit with liability suits every day.

Lease issues with dealing w/ summer school while students leave...Or even good ideas or incentives that could attract students.Do you rent rooms as opposed to one lease covering all tenants or a lease for each tenant ?

The biggest issue with builders risk addendums is vacancy issues.

You should still consider building up reserves so later when things do need work the cash is there.Buying pre-construction with builder incentives can be a great idea if you are prepared to deal with possible gaps or hick ups.I have purchased a number of properties (not condo conversions; just new purpose built condos).

All,

I was thinking of a way to try to market to my local real estate investors (or even just any FSBO's), and I kind of took this idea from some of the big builders in my area.

Give me some feedback on whether or n...

By that I mean all the investors should have the same motivation and the same incentives.

carrying a balance on revolving credit is probably one of the biggest factors that affects your credit score.

Now obviously to sell to other investors means you will have to buy at a significant discount or a at non-retail (wholesale) price, but the biggest component to wholesaling is selling quickly to OTHER investors for cash.

Can you offer incentives (skip the security)?

The biggest factors in a REO price are time on the market, condition of the property, fair market value of homes surrounding it.