Their philosophy for renting to college students was as follows:Sign a lease with a depositInspect every monthAll repairs (no matter what the reason) were the students/tenants fault/obligation (written in lease).

I will front the cash, and he will do the repairs, and then rent or sell the property.

With that said I have adjusted my purchasing requirement to 40% LTV (after repairs) and 2.25% rents.

Many people use bandit signs and I used them until they started really enforcing where you could put them so I decided to go with the locating the vacant and abandoned houses and marketing directly to that crowd.Also you can partner with a wholesaler and do a few deals and learn there way if they are good and use many of there techniques.

Are there any good books/courses on this technique?

In reference to purchasing "subject to""Some techniques teach to hide the ownership of the property by placing the property in a trust and selling the beneficial interest of the trust.

I asked If he would take 85K in 1 year. within the next year I would pay him $100 a month to take care of property taxes, I would install new floors, repair drywall, paint in and out, new appliances and light fixtures throughout, new windows and build a custom deck, all at my expense.

We're putting in anywhere from 25k-50k in repairs for most of the houses we buy and sell.

$ that would be used for repairs, to cover late rents, etc...?

On the other hand she's done ALL of our appliance repairs in the 25 years we've been married!