Again, that's why it's critical to know how much the place will be worth after repairs (ARV), and the amount of repairs.In my example, if you're offering $110k and $96k is owed, it's a standard sale.Instead, for example, you're offering $80k and $96k is owed, then it becomes a short sale. 

Everyone is a wholesaler or in some other aspect of real estate they may be marketing like a wholesaler.

So approaching it without regard for the people aspect, will not be very successful. 

Before a bunch of wholesalers get jacked up and for the record, I am not criticizing the use of assignments. 

There will be ups and downs and side-to-sides but the un-sexy yet dumbfoundingly powerful aspect of investing is seen over the long haul. 

I have been thinking about UCONN quite a bit, especially since I don't mind the rent-by-room aspect of it. 

Property Management is absolutely critical to your success. 

I started doing a little research when I came across the legal aspect of it.

Very motivational for many aspects of life!

He is also an investor himself and he specializes in RE law specifically in STL/MO which can get pretty complicated considering all of the different aspects of city vs. county and Saint Louis City County and Saint Louis County and also what’s happening in each burrow etc.Let him know Lee sent you his way and he will take care of you.