I'm confident it'd go for $1,650 under most circumstances, but I was not sure how much the school year starting would potentially delay renting it out.Even at $1,600, it'd still be above our initial projections and I'm anxious to get started on the next one once this ones finished up.

I can help you find your next home in Georgia, as well as potential investment properties.

REI has historically been very competitive.Cash is not king in real estate investing...deal flow is (lots of it).If you don't start now, you will have no experience or relationships if a correction occurs.If a correction occurs, lending/capital sources can dry up.Investors over-estimate their ability to pull the trigger when prices are crashing and there is no end in sight.If you can generate even a small positive IRR from real estate during an economic recession, idle cash is the risky choice (and is very costly over long periods).All properties and markets will not loose significant value in the next down cycle (real estate is local and good locations will always perform well).Investors can add as much or more value to a property than the potential loss of value in a downturn.If we have capital that we have to put to work, prudent real estate can be the flight to safety.I don't like investing into a hot market but sitting on the sidelines for years is not a viable strategy...just have to be really careful.If you are a market appreciation only investor, ignore this post...that can require some market timing.Interested in everyone thoughts.

Check out https://www.transunion.comI use them with ever potential tenant.

However, the profit potential seems to be killer with lease options which is what drew my interest to the strategy. 

I have zero experience investing in properties/homes and primarily am seeking first for my family but also interested in investing.Recently I stumbled upon a potential investment opportunity that is a bit beyond me. 

Of course the potential rents have to exceed the mortgage, otherwise, the property would not make sense.Here is my logic...

Keep a level head.. and do realize that like most things that have really big money potential it takes a lot of work a lot of drive and some capital..

The property has the potential to cash flow.

My broker also has "phone duty", where you could potentially grab a leasing tenant (in hopes that they'll eventually be a buyer).