Sorry forgot important caveat: Subject to can also be for flipping the property to a retail buyer if property is is good condition.

My problem is I LOVE old houses so I am going to be attracted to older houses that need work. lol I just need to keep reminding myself "its an investment" haha not my actual house!

Is is a rental?

I recommend reading Brandon Turner's post on his hell month.http://www.biggerpockets.com/renewsblog/2013/09/06/easy-landlord-tips/The short answer is: I would keep 6 months "rent" as reserve for one property and adjust as you acquire more.

And, a Creative Deal is is always negotiated in person, at the kitchen ta;ble with the seller, and getting an agent to not talk while I present the offer is not an easy feat.

She thought it wasn't and couldn't wrap her head around the idea.My first question is, Is there anything in writing that shows her it is legal?

My question is I have been carrying a few notes on some properties for investment income.

Some will look at the repair as a positive.The biggest question here is, is the foundation warranty transferable?

As great of a site as this is, I think there are some things others already know that I'm still trying to get my head around.

What I mean is, I just want this guy out as I know I'm going to walk into problems with him down the road.