Please forgive my newbie question regarding wholesaling,... but is it possible, or common, to put in your sales contract that it commences upon the excercising of the seperate Option contract? The Option to Purchase ...

I like your practice of keeping a journal of sorts.Have you considered filtering your list even further to appeal to specific triggers?

Need to check, but I believe you could get lead-certified yourself for about $300 if it's a house you own and rent yourself, and then supervise the workmen yourself to make sure they are acting in compliance.

I HAVE bought property out of state-however, I wasn't a newbie when I did it and knew the questions to ask and the info to require prior to pulling the trigger.

I wonder what triggered this to be sent to agents in Hollywood.

Still doesn't work as your insurance won't cover you in a claim and tenant will get their own policy,show it to you,and cancel the policy immediately.Blaming it on insurance takes it off of you being the bad guy.I am telling you to IMMEDIATELY (I don't give a crap about how busy you have been) give the notice and NOT wait a week.Give the notice and then if they come into compliance great but you have the process in motion.Instead they will blow sweet nothings in your ear and talk you into waiting a few weeks before filing on them after repeated broken promises.If you don't do this and the dog bites someone an attorney will have a field day with you saying you didn't give an immediate notice to get the tenant and dog out and because of that their clients child was bitten and tramatized.I am telling you to take care of this first thing in the morning.If you don't and you get that call with a claim all you have worked for can be gone in an instant.

The SDIRA owner investing as a 50% partner on title of the investment would then be involved in the business of flipping homes with his IRA which would trigger UBIT.

I have developed my own philosophy and business plans based on my needs. you can do the same.It appeasers that you have some capital to invest so you are already miles ahead of the hoards of would be investors who are working hard at wholesaling without any money of their own to invest.Determine what you want, make a plan, share the plan with colleagues on this site and then pull the trigger.

It was discussed at a landlord class I took during the housing compliance section.

Do u oversee their work for quality,code compliance and cost effect.?