Technically only the PR has the ability to petition and sell the property, but the wishes of the heirs carry huge weight.

When your new, seperating yourself from other new wholesalers by showing knowledge and closing deals will build your reputation faster.

You can buy faster than they can so get in front of them and flip to them.

So if it were me, I'd reject them based on income.You can also reject specific breeds of dogs or have weight restrictions.

I think the good ones are probably worth their weight in gold.

I'm in Dallas and I've started to notice (or at least it appears to me) that housing prices are starting to increase (or have increased) faster than rents.

I'll try to post it in fileshare soon, but it may be faster to email right now.

We also want to purchase rental homes in areas that will not cash flow as well but will appreciate at a faster and higher rate.Our initial goal is to purchase somewhere between 12 and 20 homes between now and the time I wish to retire.

Interest expense does lower income, however I don't think there is any sound reason to pursue what you're suggesting.Most buy and hold investors either want to maximize leverage in order to obtain more properties and get a better cash on cash return OR minimize or eliminate leverage by owning rentals free and clear which lowers risk and negative cashflow during vacancies.What you're suggesting is to pay off the bank faster (i.e. pay less interest) so you can refinance sooner and pay more interest.

You will grow faster using OPM and putting the least amount of money down as you can.