. ;-) This was a backward looking exercise, not an estimation of future appreciation. 

@Ivette Raygoza BiggerPockets has a dedicated page on this particular topic since it's a common question and concern for most new investors that reside in an expensive market.You can find it here: https://www.biggerpockets.com/marketsI encourage you to go through the exercise and go through the Workshop, and after that, you will get all the clarity you need to make an informed decision on which market to start from.Feel free to send me a DM if there is anyway I can further help you.Keep us posted on your progress and all the best

Setting up these kind of deals require (1) active participation (not a passive investment exercise!)

Requiring humans to do a little mental exercising to comprehend your thoughts is good for our brains!

If they agree, I market a presale home on the lot and if I get a buyer then I exercise the option to purchase the land.  

However, be mindful that the wholesale industry is shrinking and becoming more regulated, so it's essential to stay informed about the laws in each state and exercise caution.

I can present to them that option saying since nothing I do can make you happy and it seems like you might have made a mistake to rent this property, we don't like unhappy tenants so you can exercise this clause and be out of the lease, give the property back to me with minimum penalties.

Before getting into applications and tools, What are the steps:- Initial contant- Filter between "Call again" and "Don't Call Again"- "New List"- Follow up with "Call Again" in "Follow Up List"If they aren't ready yet (not qualified sellers) - Mix in with "New List" - "New List" "Call Again" Mixed together for "Follow Up" List Repeat.One part that not fully exercised was prospecting buyers!!

You would like to be able to do the things you want (travel, take classes, read, exercise, visit friends/family) without the constraints of a 9-5. 

The fact that a company has stoped paying interest on a promissory note and is exercising an option stated in the note to convert the note to equity is not in and of itself indicative of any fraud.