Additionally, taking legal advice from a person you don't know on the internet isn't really wise.

The key is to have a clear exit strategy before purchasing the property, and whenever possible, to have a ready buyer waiting in the wings to whom you immediately re-sell the property.The key to doing a no-money-down deal is simple:Structure it so you do not have to take out-of-pocket cash to make it work.With the guidance of a mentor/trainer or professional advisor, you will find no-money-down deals a powerful way to acquire instant equity in properties with little or no money out of your own pocket.Here is a great example:A new real estate investor called on several “For Sale By Owner” ads in his local newspaper and internet ads.He found that one elderly couple was selling their home in order to free them to get into an elderly care center.

And I got trained by some fo the best land sales men that ever walked the planet.. that's why I started selling land at 18 and by 27 or so I moved on to bigger type projects.

What I object to is the mendacity in the marketplace in the way it's promoted.I was professionally trained.  

Train your tenants, do not let them train you.His portion of the rent is $20.

After all, he still needs to have one of his staff spend time training you. 

My dau has taken initial steps to take them to small claims court to recoup this money as well as utility and internet costs they owe her and fees for a bounced check from one of the roommates.

I created a new gmail account to handle my internet marketing stuff for lease options, and as my first foray into the game I decided to mail some rentals/FSBO's in my area on Craigslist.

How has training them worked for you?

From the training we've gone through we were under the impression you do not tell the seller...