But If they get tied into a lease; Technically you do have to honor it.

My seed money to start buying flips/ rentals is tied up in a piece of bare land zoned farm/forest without a dwelling on it.

He doesn't live too far away, so maybe I'll drive by and try to avoid being tied up in the basement.If I don't post an update, you'll know what happened.

You don't invest for the economy...you invest for the deal.This is why you shouldn't invest where your profit is tied to future events (good/bad) that you have no control over. 

It's simply necessary to tie your major to your current career (may or may not need to be clever here) and package it well for underwriting. 

They're extremely rare.What someone in your shoes needs to do is spend the next 2 years devoted to learning the game of real estate investing by listening to every podcast imaginable, going to every real estate networking event in your city and area, and by becoming more obsessed in real estate investing than I was in pursuing the women and parties in college.I'm 29 years old and far ahead of my peers. 

Yes it can be sold, but as s wholesaler, particularly a beginner, you shouldn’t be playing with people in foreclosure.....the last thing they need is you tying up their property so they can’t sell it to a real buyer, then you end up walking away because you couldn’t flip it. 

This ties into the DSCR which is another way to look at the breakeven just shows how many times with your projected or in place financials can you afford to pay the mortgage (typical stable loans are 1.25x-1.30x minimums). 

Also, not all banks will loan on a set up like this or they may have specific requirements for the foundation, tie downs etc.Remember to consider buying and selling cost into your calculation along with purchase price and rehab cost.

Pro tip, dont tie up any property you cannot personally close on if you cant find someone to assign it to, and youll be ok.