What your doing by not paying is theft .

That's more the range that the property would appraise for, so that saves you several hundred dollars right off the top.Taking a look at the crime map for this area the past 6 months, besides some petty theft and home burglaries, it's pretty much free from violent crime (which is what you should worry about):Whereas the 6-plex posted above is riddled with crime.

Besides, There’s no doubt your going to have many dubious characters and thefts on your property just like casinos or strip clubs get  .

I am working on a partnership with some friends where we could go in with cash on a 53 Acre property with a 4 bed 3 Bath log cabin and 3 smaller identical cabins that sleep 6 a piece.

The next targetAs the IRS and the others ramp up their safeguards, identity thieves are now targeting tax professionals, human resource departments and payroll officers to get more data – such as copies of W-2 forms – to put together more authentic-looking tax returns that will slip through the defenses.The group is working to alert those professionals as well as continuing to warn taxpayers as well.

I found that out by searching for posts about his lending company throughout the forums and learned how he tried to scam other other BP's members.Anyways, as a newbie that I am, I had a hunch during the conversations I had with this pseudo-investor that pointed me to verify his identity.

All of this provides the public with more protection against major theft or loss of funds.

If I am active in the rental business and acquire a new property in December or January, the tax treatment is identical. 

The loan that I was hoping to use was a Military Choice loan from Navy Federal as they mirror the VA almost identically, except with higher rates.

I can also provide the lender appraisal, effective one week before purchase, that has a value almost identical to the purchase price.Thanks for any help.