My goal is to buy very profitable buy and hold. the subject property is not profitable at all.

Louis:Why don't you try to do a subject to deal with cosmetic only rehab.

This LOI would spell out each of the 3 options in detail and also all your contingencies you are asking for.I recommend you include the following at minimum:This Letter of Intent is subject to the following terms and conditions:1.

In any case, even if you're into risk and future capital gain projections, try to steer clear of real warzones (at least until you build a substantial, diverse portfolio with solid hedging).3) If you're going for capital gain, do your research and find the developing areas.

After all, your opinion of how good it is is subjective.

Since I'm not there yet, and don't have a handle on the market, my plan is subject to change.

I wanted to put my response here as the subject was removed.The original poster I think was trying to ask for money which is not allowed.

RICH has been in existence since 1979 - in both good times and bad - and has plenty of intensive training courses at very low prices for new investors.Good luck - the Houston area has many diverse real estate opportunities.

I only wanted an appraiser's opinion because they know how to do adjustments on comps that do not match the subject property.

You're going to find BP a rich and diverse group that will be able to help you all along the way.I'm not familiar enough with Florida to really know what's where, but if you go up tothe search box at the top of the page, type in Florida, and adjust the drop down to search for people, you can find all the Florida Investors here and reach out to them.Also just posting your questions directly can get you lot's of answers.