One of the reason was, he would lose control of the note and would still be liable if the buyer screws up and loses money.

So here's the conundrum for a novice - being the type A personality I am and wanting to learn (and, honestly, control) as much as I can about this "deal" my first instinct is not to "bug" local investors about it because (a) I want to add value to what I can present, (b) I want to know as much as I can before I put this before someone, (c) I want to control this in some fashion before putting it before someone since i'd be doing a lot of up front with the seller and learning as much as I can about the property, (d) I don't want to waste an investor's time because I don't want that reputation to follow me as I evolve with this business.But it's like I can't get the outline or roadmap on how to start (with the land, for instance) without going to someone who's been there, done that and effectively negating points a to d.If YOU were pursuing this based on what I outlined, what would be the FIRST thing you'd do?

Remember you don't have to own a property to control it.Good LuckPaul

If your property is rent controlled/rent stabilized, then the renters are illegally taking government subsidies and making money off of the difference.

My thoughts are that everyone should be at market however its up to you to make that decision on how to raise your rents unless there's rent control.

They keep it the prices out of reach for most.However, a while back I did read something similar and that the ultimate goal of these institutions was to limit the scope of the small investor and control large portions of the market across the USA.

First off WHY ARE YOU PAYING FOR PEST CONTROL?!?

How will I control that ?

Remember you don't have to own a property to control it.Good luckPaul

Remember you don't have to own a property to control it.Good luckPaul