So if I ignore all of my other questions and concentrate just on estimating the taxable amount that could be stated on a K-1, then does this look like it's even in spitting distance of what could happen?

Interesting strategy, and in spite of my debt-averse nature I am simply curious about how they make it work.No cash flow, or very little.Let's say no maintenance at first and self-managers get to keep the management fee, leaving $150/month ($1,800/year) profit on a $50,000 asset.

I wrestle with this myself in spite of the math.  

It appears looking from the outside he was the odd man out in the divorce so yes he will hold a grudge.Try fixing the relationship before forcing him to sell as most likely he would not sell in spite because of what happened

The situation here is that banks will move very little on their prices in spite of there being tons of houses on the market.

I used to be in that market so I occasionally read the news, though, and this article surprised me:http://timeshareconsumergroup.org/advocacy_industry_update.htmlThe points are a little skimpy, but the idea is that the ts industry has not experienced the same problems as the real estate industry and is actually experiencing growth in spite of the economy.

"John Carona: Slumlord Senator Gets Caught August 14, 2008 Dallas - State Senator John Carona's carefully sanitized media image was shattered yesterday when Houston TV station KHOU, Channel 11, identified him as CEO of the property management company responsible for "condos in danger of collapse" in spite of having collected management fees for years.

I just get frustrated when people spit out the common fear factor phrases.Here is my favorite saying rgarding fear:"The rich act in spite of fear, while others allow fear to stop them".This is not just a statement of words, but something to live by.

This country was made great by those guiding principles, not inspite of them.

I am very proud of how far race relations have progressed in spite of the racebaiters.