Then if they don't have it, I can give the notice on the 2nd and save 4-5 days of "kick out lead time"There is nothing about a required grace period in the state statutes, and I don't have to allow x days for mailing.

Great Info Chris...except discarding the reo's , There has to be a way of working those leads-short sales?

If you value generating fast cash and don't want to deal with tenants, toilets and turnover, you would focus on flips.

Next and most importantly is that the parents sign the lease with one lead tenant.

I do know the area pretty well from running sales leads in my day job there.

every seminar that you buy will only lead you to another training and another training and another....go to meetup.com and find meetups that you can go to for little to no money and network and learn as much as possible.

It seems to me there is one extra person in the this equation....I would think if I'm paying for a lead that leads me to a deal I close, that lead should be with the actual seller and not another wholesaler if I'm doing all my own negotiations???

Also, you can do some advertising for short sale leads, and let the leads contact the realtor.

If the fund generates $100K in returns (10%), each of your investors will might get 10% return on their money -- investor #1 will get $80K (10% of $800K) and investor #2 will get $20K (10% of $200K).They both get the same percentage, not the same amount.

(Austin area) I feel that with my situation (800k roughly equity- 50k passive cash flow-130k cash) I could be doing much more and generating higher returns.