there is a downside sandwich lease options, you should have some financial reserves in case the tenant buyer doesn't pay youSo three months reserves should do itAlso in Texas sandwiches are not a good idea due to the current lawI would study to start, lease options and lease purchase, wraparound mortgages, installment land contracts, private lending through IRAs, and joint venture partnering to get down payment money and rehab moneyWholesaling takes a lot of time and a lot of money for Marketing, you can find pretty houses with no equity through expired listings, long days on the market listings, canceled listings, do it yourself landlords, eviction notices, for sale by owner's, and wholesalers that throw leads away of no equity pretty housesGood luck @Tori Hall !

My goals are long term in nature and when I have completed this phase of investing I would have a million plus dollar portfolio that will be throwing off an income stream that will cushion my retirement.  

Truthfully, I'm just so damn scared of throwing nearly $100k on just an FHA down payment in ONE property even knowing it will very likely kick butt long term.  

Actually when your all done replacing is just as cheap as throwing a band aid on the old junk thats in there, again and again...

So they are most of the time just throwing away funds.

If you find a great deal, just go to your local REIA to present it, or throw it up here on BP.

I am perplexed as to what to do so I thought I would throw it out for discussion. 

I only have to live there a year, and it's better than throwing money down the drain every month in rent.  

It took over a year for the courts to hear the case and promptly throw it out.

If you mail to the LLC they get hit with all kinds of mail and the secretary might throw it away before the right person ever sees it.I also try to find a website, e-mail, phone number for the company behind the LLC.