Plus enough property to add more, or even storage units.So with my quick figures this could net 8-10k / month profit and thats with a property manager and maintenance man with rents lower then market.HMMMMMM..

Then there are others that are closing deals left in right and generating some nice profits.

Unless the deal makes sense at your current price and the $6K up premium is not worth losing future profits over, my advice would be to let this deal fall through and make another offer based on the new MLS listing price, At this point it comes down to what the property is worth to you and if you are willing to risk the deal over $6K based on your projections.

Claim: I3 Solutions was issued a Cease and Desist order by the FTC.Fact: I3 Solutions was never issued any Cease and Desist order by the FTC.For reference, if you had stopped after your first statement of, "S&S Private Capital, Inc. and S.O.S. is not in any way affiliated with I3 Solutions," I probably wouldn't have dug any further.But, then you felt the need to defend I3 Solutions against the allegations, which made me wonder...Long story short, according to his linked in profit, Gene Schwalen is both CEO of I3 Solutions, Inc and S&S Private Capital, Inc, which in my book is much more than just an affiliation:http://www.linkedin.com/pub/gene-schwalen/5/29b/863In fact, it would seem I3 Solutions and S&S Private Capital are run by the same person, which would likely make them one and the same, though I guess technically the guy could be so good that he's maintaining two CEO jobs simultaneously...

Yes, you've put money into property, but it's incidental to the profit-making activity.

Its one thing to put yourself in a position where you profit from putting real deals together from desperate sellers and buyers looking for bargains.

You can profit from "secret activities" too if you just don't act like 90% of the sheeple out there.

Secondly, if you want to complete the deal this way, you will most likely have to give your money investor 50% of all profits.

You're right, determination, and a slow focused pace gets you where you want to be.With land I never realized any big profits until about 8 years into it.

I'm significantly less educated when it comes to picking stocks compared to them so I take the easy(and more likely more profitable) route and simply buy the market itself.