I am performing due diligence on my first deal and find out the seller can't/won't prove the income on the property, what now?

If you serve the notice yourself you will have to prove to the judge that they in fact received the notice.

I know there will be some tough times ahead in learning from the mistakes I will make but I think that's part of the journey.I look forward to talking with you all.

If you lack knowledge it's tough to pick out who to follow, but that's just part of the business.Anyway, I'd say finish what's on your plate first, there is a reason you bought what you did.

If they know they have a chance to prove damages and they will attempt to collect something from someone on a contingency basis.

Okay so this is a tough question and I read some of the other similar threads here and most of you believe this is quite impossible.Here's the thing, I have some cash saved up and I will be buying 2 houses out of which one is making 1K a month and one is a rehab project which should also bring in 1K a month.The thing is I've got some people with some money in my family and they would happily invest if I can guarantee a profit to them and if I can show them a couple examples.

As you say, our area is now quite expensive...Cash flow is tough in midtown unless you buy at the right time.

It does seem that they will have lots of funding, which will make them tough competitors against wholesalers who try to get properties under contract and then find a buyer.

Realtors will provide the best deals to those who have the ability to close quickly without drama/issue.It's really a 2-way street and they will feel more comfortable with providing you deal opportunities after you prove yourself and do a deal or two with them.It took me awhile but I've now got 4 or 5 Realtors that me first crack at deals when they come up.

I look forward to collaborating with you guys in the future and looking to you for help on those tough decision down the road.