HomeVestors, an investment company that brands itself “We buy ugly houses,” named the following top 10 housing markets for investing in single-family homes for 2014. All of these markets have posted strong apprecia...

@Matt Liu,If you do breach the agreement, you can bet the banker will file it and put you in the street.

Any other tips on how to buy a house that will rent well and be a smart bet?

Where I live, single family because multi-family tend to be in areas that "I" personally am not comfortable operating in.

Be sure you can afford to make them; don't operate on a shoestring or you'll make desperate decisions that cost more in the long run.Best of luck and keep reading BP!

Unless he/she bought it 30+ years ago, I'd bet your research is flawed

@Scott Wink what your saying could be her best bet if they will allow her to do this.

@Ronnie SparrowI have run into this before you DON't need realtors involved at all, but you have another big issue to fight.If they are using financing, the bank will not be OK with the double close (not under contract with the owner on file) or an assignment fee on the HUD (obvious reasons).Now, you can attempt to do something on a handshake outside of escrow, but thats at your own risk, and i would still draw up docs.Best bet is to close on the property and immediately put it under contract after closing with your end buyer.

Complete your due diligence by going to see the operation, view some properties and the neighborhoods their in...

For a restaurant the lease should be specific as to drains kept clear, operable toilets, cleaned grease traps, health code issues pertaining to the RE, etc.