Then you can in turn utilize that 'USP' to market to 'potential buyers' that they should work with your 'credit repair specialist' (and mortgage lender/s) and 'nurture' that 'lead' into a 'trust and rapport' client who refers you to everyone else within their sphere, and perhaps FAR beyond it???

you should have the title search done before you buy it, to make sure you you are not stepping into a land mine. generally there is a redemption period after you buy it, during that time period, nobody in their right mind will buy it from you, because the previous owners can in theory come and buy it back from you for what you paid.

I'm interested in debt instruments and how I can be a fat cat too ;)Please advise.

and people can smell your fat wallet coming from a mile away.

I was paid for 12 months of rents UP FRONT and the project can in by the 11th month.Have you ACTUALLY done any of this personally or do you carp from the cheap seats?

I am learning and practicing all I can in that area as I go.

Closing costs is guess would be about $10,000It Thee than writing a big fat check, any other options y'all are familiar with to find the downpayment?

I am a 19 year old college student currently studying business administration at the University of North Georgia looking to get as active as I can in real estate investing considering the fact that I an a newbie in the REI world.

I have been told that late fees can in practice be virtually unenforceable in Oregon because of the Landlord/Tenant laws in the state. 

If he doesn't have his own money, he could try to renegotiate or find another investor, and even if he can in the meantime the deal may go bye-bye so he may be left with 100% of nothin'.