Armed security 24/ 7  etc etc..

I certainly did not, and neither did the mortgage lender who  pre-qualified me.After closing on the HELOC  this week, I was reading through the docs last night and stumbled upon the Occupancy clause :"Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control"So I'm not sure what to do.  

If at the end of the time I have not been able to secure a buyer, we can either part ways as friends or we can look at lowering the price and I can send it back out to my buyers again.

How did you get over the obstacle of securing your first deal?

You're in good shape with what he did.When I read your post I was thinking more of putting a security instrument on the house and getting a detailed outline of your agreement that it referenced.

You also mentioned an interest in buy and hold as well as flips and I added a couple links for those niches.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Use one of the standardize browsers {Mozillia Firefox, Opera, Chrome} and life will get much easier.btw: once you get access to a service (say SmartMove or your XYZ online Banking site),make your life easier by creating a Bookmark and when logging on, NEVER remember the password for security reasons.

Maybe you could secure the master lease and then separately approach the land owner to get a sale.

Just send me $2,000 and you'll understand the entire system to financial security..........mine!

Some take commercial breaks and pitch stuff like hard money lenders, business credit, virtual assistants, landlord services, deal partnering, websites, marketing services, home security devices, etc.