From the BP referrals, I had a lengthy conversation with a lawyer that a fellow BP member referred me to.

Many depreciation reports are lengthy and laborious)...The deductible is $ 3,000Step (1): 20% of $40,000 = $8,000(Depreciation levied)Step (2):$40,000 - $ 8,000 = $32,000(Depreciated value)Step (3):$32,000 - $ 3,000 = $29,000(Settlement less deductible)The net settlement is $29,000...ACV, for many RE investors, could be the most cost-effective option, believe it or not.

Foreclosure in IL is not that long but there is a lengthy redemption period.

Worse case can be much, much worse if you discover some major problem that needs attention, have a lengthy vacancy, or an ugly eviction.

Anyway, after lengthy back and forth, with my "highest, best and LAST" submitted several times, bank seems they didn't want to drop below 85K (coincidence?

Planning an extra transaction just to create the appearance of arms length is still not arms length.

I will create a brand new post with my questions because this post has got lengthy We gave the contract to an architect to build plans to construct a building with 6 store fronts.I will create a new post

Thanks for taking the time to track your direct mail Jon, definitely helpful to compare response rates.We are sending about 3k letters a month right now and have patlive numbers that go to a relatively lengthy message asking for name address and return number.

I had a lengthy conversation with Phillip Dwyer today and Catherine Austin Fitts,http://solari.com/blog/, former assistant Secretary of HUD under Bush 1, we decided I should open a discussion with BP for input.

There was a lengthy list of violations, some of which he had caused himself (holes in walls, excessive trash, etc).