However these days with the run ups being caused by people treating REI as the next (get rich quick/stock market/retirement fund/pick your investment) scheme, its starting to look like appreciation is truly no longer something we can rely on.

purchases are $5-10K a house with price (rehab and purch costs) around 10-15K After we rehab them, we want to sell on land contracts for a contract value of 35-45K couple questions: 1. can this transaction qualify for tax credit 2. what should I be concerned with IF tenant flakes on contract, and I sell the cashflow to note type buyer?

However, as you said in your post, I wouldn't want to cause problems with the other investor (professional courtesy).

That brings me to my next concern.

I heard last week that builders have about an 18 MONTH supply of unsold inventory.This is caused by two things; sales slowing-which means that if they've been selling 10/month in one development they may only be selling 5/month now, and continuing to build.

My biggest concern with this sandwich lease strategy was not being able to have a tenant buyer already lined up to move in the home, which you covered.

If they weren't recently updated, you can factor that into your repair estimates.No comps usually means slow to no activity in the area and that's a concern.

Elizabeth Colegrove utilities are separate.My main concern is the added noise a second person would make.

Attorneys may advertise, but they are under more ethical and even legal requirements concerning doing something to acquire clients that are already represented.

Anything else, questions or concerns let me know.Being you will probably be on both sides on this deal, if you decide to go ahead with it.For example:As a buyer you do not have to worry about coming up with the money for property taxes, private motgage insurance, or homeowners insurance and the seller will usually continue to pay for and complete any maintenance and repairs on the homehttp://www.biggerpockets.com/renewsblog/2013/01/06/rent-to-own-homes/