This also means you should list the specific properties.To see and prepare for the joys you might be in for, here’s the Passive Activity Loss Audit Technique Guide direct from the IRS.Jeff

While most other sites would opt to boost their post count, we feel that the quality of post is far more important.So . . . hiring some VA to spin content or write original content that is pure garbage is definitely one of the worst things you can do.BTW - I caught a national REI guru pulling the same thing here as well a few months back.

At that point, a pure cash flow investment is going to look pretty crumby compared to something tied to an inflation index.Someone gives you a million dollars today.

Only the specific lender you're dealing with at some point in time can really tell you what they do.If you do get a HELOC on your residence, that falls purely into the debt side. 

no i already have a home (and not moving in the near future) it would be purely for investment...

In many ways it is much more similar to gambling than real estate, unless one's real estate strategy relies purely on speculation.

I don't know how much it cost you for renovation, but most of these homes are pure cosmetic rehabs that I can get done for $10k to $15k easy, and that still puts me in the $49k bracket.

If not, finding a tenant getting them to sign anything, then taking that to an owner and getting them to sign anything, is acting as a leasing agent, pure and simple, you are attempting to circumvent licensing laws with a BS paper shuffle, doesn't matter what you call your documents.

The commissions on these bottom of the barrel properties will be low as it is, and the way it will end up getting split will not get any agents jumping for joy.

@Mark i really appreciate your naivety and lack of pure investment soundness :p @Chris we have some neighborhood organizations but i think theyve been exhausted and havent really done much for years- they need to be restructured, revamped..We a huge church community, a large beautiful motherhouse for the sisters of josphine of carondelet- here is a link to their site.