I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.

A gc hires subs and they sign a contract with the gc not with the property owner, only the gc has a contract directly with owner.

I recommend turning on keyword alerts for any topic you are interested in learning more about. 

After devoting 80+ hours weekly and never feeling free of school responsibilities I chose not to return but met my goal to earn a small pension when I turn 62.

Surely I am not the only person who has kept an inherited house and turned it into a rental property and refinanced it...

If you want our help than by all means we will help gladly and give you tons of information and guidance but to then turn around and back stab us or weasel us out of a deal is unethical and unprofessional.

I'll probably have some ADT signs thrown up but I'm not getting an alarm.This probably won't apply to most people but I'm hiring a home stager to furnish the property for me.

Although this would be a complete waste of time from the sellers viewpoint to list a property that gets turned down repeatedly bc of a lien...

The successful investors offer on many many more homes and get turned down most of the time.  

Turns out, I really like it!!