Certainly your cash on cash return is better due to the financing that is available.And of course you can jump up to the $90-100k (after fixup) homes that might rent for $1,250.

I am active duty in the US Air Force and have owned two rental properties in the Dayton, OH area since 2008.I first started learning real estate in 2007, shortly after attending various guru courses (namely Rich Dad/Wealth Intelligence Academy courses).

Of course, I'm not sure I could secure a loan for that.

I will add to what Jon Holdman says but that you can greatly increase your cash-on-cash returns with leverage. of course, that increases the risk.

Insurance doesn't seem to be as standard as you would think it should be.From my experience things do seem to vary a bit based on property type, property status, region and of course the carrier.First does the property need any major renovations?

Andrew Emery Hi and welcome to Bigger Pockets.I coach lease option assignments and so does John Jackson and Bill Walston.You could get a course or hire a coach.Here are some docs to help you:http://www.biggerpockets.com/files/user/REISkillsHere are some fourum posts about lease option assignmentshttp://www.biggerpockets.com/search?

Found a house I'd really like to get a hold of that is in it's redemption period if anyone knows a short-sale specialist that could help me work out a deal with the bank/owner.Love BP and the podcast and happy to be here.MattPS.

My first introduction to real estate investing was taking Russ Whitney's REI course.

(Of course?)

Of course, I’ve seen them but failed to make good use of them or clearly understand the difference.