No one I talked to ever done a transaction yet cuz they dont have the money too.

Yes, like many have said everything is partly speculative but flipping(rehabbing) is not pure speculative, nor 70% or whatever was stated.Speculation:(Encarta dictionary)1. opinion based on incomplete information: a conclusion, theory, or opinion based on incomplete facts or information 2. reasoning based on incomplete information: reasoning based on incomplete facts or informationmere speculation 3. risky transaction: a financial transaction that involves risk, but is potentially profitablea failed speculation on a dot-com 4. making of risky transactions: the practice of engaging in financial transactions that are risky, but potentially profitableThe later two is the better of the four definitions, in this instance rentals and flips have the same amount of speculative nature.

There are about 16 type written pages of civil code that pretty much makes anything short of a traditional transaction too risky.James, Could you expand on this a bit.

However, it must be fully disclosed if the agent is handling both sides of the transaction.

It seems low maintenance- just book the times- take the calls and have someone collect- I would probably have to pay someone to pick up checks and take calls- i.e. answering services.

The master has also written two web books titled "The Backside Of American History", which cover things that were actually big news stories, but you probably never learned about in school.salon; heavily, but not entirely politics.

I would suggest spending that year learning as much as you can, read books, lots and lots of books, read these forums, ask questions, etc...

But, if you buy it and sell it a few months later, it may be all handled on the two transactions, and you're never out a dime.

You have to remember that most title companies have no idea what they are doing when it comes to creative real estate transactions.

Learn from others, read books and the web.