So, at 8% you're already being compensated for the increased risk of the smaller down payment and this is the method of managing loan risk.

I have even gone as far as to formulate and assign numeric values to such things as one side of vinyl on a house vs. brick in more than one zip code in my area or the number value of Laminate vs.

I like this market as its kind of close to California and I’ve been to Salt Lake and Ogden numerous times on snowboarding trips.Florida – I don’t really know anything about the Florida market, but have heard it’s also growing so I figure I would at least do some due diligence.

Our lease was tested in court once of twice.It is an old Carollton Sheets method and if works really well.....

See my reply in this other thread, very similar to what you are trying to do.http://www.biggerpockets.com/forums/52/topics/77245-best-method-of-renewing-leases

Hope this helps, Keanne Not sure if I like this method... takes 149 months over 12 years to start seeing your income.

(He is a contractor and currently owns his own business)-Is that even an option when the inheritance is split between numerous family members?

stoney, i recommend going to a couple REI clubs on their free night: the rich club which is off hwy 290 and lu (lifestyles unlimited). go on the free intro nights and take a pen and paper. take copious notes and ask questions and get business cards and pamplets. then at the end of each seminar, leave quickly because they will try to sell you very expensive memberships which will not help you anymore than getting free information here on biggerpockets. i have done this many times and have numerous notes, information, phone numbers and business cards that i use in my rei.

However, my other question is does the wholesaler have to pay or provide the closing cost using a method like the "split HUD 1" or even using a regular assignment?

If you're bold, knock and talk is a good method.