ARV of 50K; so the loan size is not really a concern.

Then, when you're all done with those expenses, uncle sam will want his cut (and a big cut it will be)

Your age is the least of your concerns.

It should be fairly easy, cut and dry.....the lien holders will take your price or not.

purchases are $5-10K a house with price (rehab and purch costs) around 10-15K After we rehab them, we want to sell on land contracts for a contract value of 35-45K couple questions: 1. can this transaction qualify for tax credit 2. what should I be concerned with IF tenant flakes on contract, and I sell the cashflow to note type buyer?

That brings me to my next concern.

Also I had old linoleum down as well and the installer just cut off the loose corners and layed the carpet on top.

My biggest concern with this sandwich lease strategy was not being able to have a tenant buyer already lined up to move in the home, which you covered.

You will also need to pay for the labor to cut out the windows, frame the window, install, insulate, dry wall it and paint it.

If something this minor has you upset and feeling betrayed, you're not cut out for this.