Decreased marketability and less options for financing them when you are a buyer.For example:FHA creatively provides no money down financing with a 3% grant.Nothing else does..Fannie Mae will do 95%Beyond that it is 10-20% down.

The major problem being that most of them (about 85%) don't even have enough equity for me to mess with.Thinking about it, though, with a low equity strategy like lease optioning the MLS could have some strong potential.

If anyone else is a college student in the same boat-let me know!

They want me and whoever else they have enlisted to refer pre-quallified serious investors .

I'm really thinking I should just incorporate retailing/renting homes and forgo the lease/purchase option due to the make up of the potential buyers.Does anyone else have any success or experience with lease/purchase programs in military cities?

Does anyone have experience in Rochester, or anywhere else upstate?

I messed with the faucet some, it loosened up, and then bam -- the water is a-flowing.

This was a very expensive hobby.I am now confident in my LOW offers because I know from personal experience what the margins MUST be in order for me or someone else to take on a rehab project.

Common sense would be WHY are you selling...but what else do I need to know....offer a purchase price....if accepted, great. if not move on...seems pretty simple...what am I missing??

Anyone else?