See the Lease Option Page on my RE blog for more info.

But more than that, we have a great community here on bigger pockets with skilled members who graciously share their info.

On a seperate worksheet, it populates this info to a "bid sheet" with a entry for labor, another worksheet populates sku numbers for the itmes we use, ceiling fans, stoves, etc for us to pick up at Home Depot.

Indecent 1: They held funds for several days then reached out and ask me to verify my company's info by sending in a business license, state filings and a list of other documents.Indecent 2: They held funds and asked me to verify that my customer was a real person, customer had to provide personal information and confirm that they knew me.Indecent 3: On another transaction they held funds stating that they thought I would make only $10k or less in revenues which is insane.

Here is a link for those who want add'l info. http://www.hud.gov/offices/hsg/sfh/res/respamor.cfm

I've heard that sitting in on city planning meetings (or just keeping up with the info provided from them) is a good way to get a jump on emerging local markets.

I found out some more detailed info about the expenses and then did as you suggested; i backed into an offer price with an 8% cap rate.

Fortunetly there is a wealth of info here.

Thank you for all this info, very interesting!

From here I'm able to contact the homeowner typically because their info is listed and attempt to acquire the property pre-foreclosure.....You should be able to do the same thing I'm assuming.