That implies logic will be overruled by emotion.

We both grew up in the KC area and most of our family still reside there so it seems logical that we start our investing career there.The more I learn, the more I realize how important it is to find your niche before you jump into your first deal.

That means this micro-market (the only area that matters) is a bad place to invest.Walk, no check that, RUN away before your emotions override the logic, and you rationalize yourself right into a bad deal.

Setting terms is really up to your audience. 

They'll attract a completely different audience of buyers and will sell at wildly different prices.I run comps manually. 

#Calexit is real Have you considered the next logical step?

Your posts need to be reaching your audience's values.

I have had conversations with several vendors in the past year where we've agreed on the potential of the business, but they could not articulate a logical argument to explain why I should pay them for the potential when I would be the one doing the work to realize it.Sadly, in many instances someone - or some company - has come along and paid the owner for the 1 - 2 years of work they will need to carry out to reposition the property.I don't get it and my slide rule is telling me this game of buy high with plans to sell higher is a dangerous one to be playing.  

Some firms do investment seminars to talk about how you can use your self-directed IRA to invest in real estate, quietly hoping that the audience will do exactly that with their syndicated offerings.  

But for learning sake let's say -   For example, if he wants $10,000 now then I would offer along the lines of a $70,000 wraparound only for like 3-5 years (60,000 first mortgage with 10,000 wraparound mortgage over 5 years) vs if he wants nothing down then I would consider something like the above with an interest-only wrap around.I know that was a lot, and not super specific numbers, but I would definitely be willing to dive into those numbers deeper if that logic is sound.