Also, expand your advertising.

Since they can't really advertise, it's been my experience that they are found by referral.

They will list a property to represent the seller, hang the sign out and advertise it to a target base, like retailers or resturant chains or manufaturing concerns.

These REO brokers HAVE to advertise the properties they are given.

Here is an example of what I'm talking about, I'm not adding numbers for simplicity's sake: Sue Seller is advertising that her house is available with owner financing ==> Ivan Investor comes in and tells sue that he wants the house but asks to have some time to come up with the required downpayment and for the ability to pay off the entire note at anytime without penalty ==> Sue agrees and they put it under contract then holds from closing for 20 days ==> Ivan marks up the property for more and advertises that the property is available to Rent-to-own buyers ==> Bill Buyer responds and qualifies to recieve the house ==> Ivan asks for a larger non-refundable downpayment than needed to pay Sue ==> Ivan closes and pays Sue, while Ivan keeps the difference between the two downpayment fees ==> Ivan closes with Bill and Bill moves in ==> Ivan keeps the monthly difference between what Ivan agrees to pay to Sue and from what Bill pays Ivan until the giant pay off [end] I'm not sure if that's the end of that particular transaction style, but I think you understand what I'm talking about.

My options are: 1) keep room, advertise the rental as a 2/1 + bonus room. 2) go ahead with deal, but pay to have the addition demolished 3) back out of deal I was wondering what others would do in this situation.

Unfortunately, good deals are not advertised as good deals.

I then advertise the property and then field calls from people interested in entering into a lease option with the FSBO property.

I make more money from park managers than all other forms of advertising combined.

Probably your best advertising bet is the "Boats For Sale" magazines.