In addition to Darren's comments, attending live events such as the one Darren is putting on later this month is beneficial to you for a number of reasons.

Leave me some comments if you'd like.Asking Price: ~$200,000 (willing to negotiate)Terms: 30yr amortization at 3% which raises after time (rate/time negotiable) with a 15yr balloon (also willing to extend if everything has went well)Mortgage Payment: 843.21 (this is with 3% FIXED rate, so in reality, at some point it would be higher)Monthly Rents: 885 + 865 = 1750/moVacancy: 8.5% (seller says 0 vacancy)EXPENSES:Insurance: $41.66/mo  $500/yr (actual quote: $494)Property Management: $175/mo (would be managing myself, but always build in property management)Repairs and Maintenance: $300/mo ($150/unit, although the house is in great shape and will not need these kinds of numbers for some time)Property Tax: $291.67/mo (a touch less than $3500/yr from tax records)Sewer and Water: ~$50/mo (utilities came to roughly $43/mo on avg.

If you comment with a question or two, you'll probably get a response as well, :).The podcasts are great as well- informative, thought provoking, inspiring, motivating, and very comical sums them up.

Cap rate, cash-flow, cash on cash return, etc.And then I would like for you all to comment and provide your thoughts on if it is doing well or not.What is the best approach to do this?

. , thanks for your feedback; have you ever had anyone comment one way or another on the length of your purchase contract (and yes, my apologies, I was referring to the wholesaling field)?

Thanks in advance for all insights and comments.

Darren,           I always like reading people´s comments the best, and the one where John Elmenhe said he could feel your excitement made me say ¨me too!

Thank you all for the comments.

My friend made a comment about gentrification in lil Haiti and I believe Overtown is a place of investment.

Your comments focused on lease-option but what I am talking about is selling via a land contract, and what I mean by that is where the buyer purchases the home, gets the deed  and full ownership while I collect a downpayment and monthly payment similar to a bank.