I'm looking at different methods of analysis but I'm having a problem at one part.

I simply shrugged those statements off and kept doing some research and listened to the great podcast BP just put up about raising capital:http://www.biggerpockets.com/renewsblog/2013/01/31/raising-money-getting-started/I finally heard back from my RE attorney (who has already done PPM and reg d filings for himself and others and used to be a corp attorney) and got a price of $10k to setup the reg d offering.

In any event, to answer your question, it's not finalized until you have a signed lease and all money due has been paid.

Here are some articles to help:- Introduction to Real Estate Investment Deal Analysis- Do You Need to Be Smarter Than A 5th Grader to Flip Houses?

It requires a solid foundation of real estate knowledge and you deal analysis skills.

Be sure to ask for lien waivers from your subcontractors prior to final payment.

Going to the original builder for a potential sale or information was something I was going to do once things from my end are finalized.

This was actually the final straw....Best of luck in your pursuit...I am still looking for the right deal...A hui hou,Bob

I can't wait to finally get my feet wet and start owning and selling property.

So you think I would have to wait until probate closes to finalize this deal Bill Gulley?