Attorneys may advertise, but they are under more ethical and even legal requirements concerning doing something to acquire clients that are already represented.

Anything else, questions or concerns let me know.Being you will probably be on both sides on this deal, if you decide to go ahead with it.For example:As a buyer you do not have to worry about coming up with the money for property taxes, private motgage insurance, or homeowners insurance and the seller will usually continue to pay for and complete any maintenance and repairs on the homehttp://www.biggerpockets.com/renewsblog/2013/01/06/rent-to-own-homes/

I cut in my own sump pit for a pump and drained the pumped water out into the basement.

My concern would be he is too far in the red for even that!

They are young (probably no credit) but clean cut however they really don't meet any of my criteria.

The only ways around this that I can think of is with a local investment partner (which would be fine if you trust them) or a property manager, which cuts into your cash flow quite a bit.Similar to Andrew’s response, I’m just buying time, learning as much as I can about real estate, and keeping myself open to opportunities outside of real estate.

The property is cheap enough but I am concerned with buried stuff if it turns out to be buried drums of waste oil could get expensive to clean up.

Not your concern as far as the legal stuff, although I'd want to know what the issue is in case it could have some liability for you in the future (drugs, illegal home business).

I will go by on my way to work and check on them and check on them after work (sometimes at lunch), but generally the people that I work with have my cell and call me if there is a problem.I haven't see my insurance agent in a few years, I have an electrician I have used for years, and same with a plumber,,,they aren't the cheapest, but they are honest and I trust their judgement, if they have an issue at a property they just call me.Most of us you have to work full time to be able to continue to qualify for loans,,,I have discussed cutting back on my fulll time schedule in 2014 to spend more time with my rentals, and possible a flip or two.andy

I know there are some agency that charge a monthly fee to their agents instead of taking a commission cut.