So the "living in place" or however it is called phrase for seniors staying in their primary residences . . . they really just don't want the extra sq footage to, simply, worry about.

They're both great folks and the real deal.Like you, I'm often a little skeptical of sales people.

She has two small dogs and pays $10 extra per month per dog for them as per the lease with the previous landlord (we bought the house in April).

If the folks that put that in place are still in control, I suspect they're going to block you.

Add 4k per month of my own money to the payments.As you can see each property gets paid of at an increasing rate.MY QUESTION: Will paying off other debt and using the extra money for investing slow my progress or speed it up?

Make the end buyer feel as though if he screws you over, he may make an extra $20k but he'll lose ALOT more because 1) the pipeline of great deals you were going to plug him into just closed and 2) you know enough serious wholesalers out there that once he rips you off, all other wholesalers will know he's a crook as well.Again it's more of an 'attitude' than it is a 'legal' thing.

But, make sure you qualify for the conventional financing first, and have the extra money to do the repairs.

It worked, they fast tracked it.While I waited for the property to close I interviewed folks to get my team together.

In the heartland, rent yields are so high on the types of properties that Matt describes that you can easily structure the buyer's LC payment to be quite a bit less than the rent would be, even with a sales price that is 50-100% more than you just recently spent to acquire the property, with a rate of 9-10%, and with a fully amortizing 10-15 year note.Most folks that do this that I'm aware of do little or no work to the property beyond very basic habitability standard, they are sold as moderate fixer-uppers to folks that have the skills or connections to make the necessary repairs and updates.

I don't mind spending the extra money if it's worth it in the long run.Thanks in advance.