Thought some of you might find this of interest...

http://www.primenewswire.com/newsroom/news.html?d=121892

Regards,

Scott Miller

If not, well I think you can see where I am going.Regarding money down, you might not need 20% or even close but you need to factor in other up front costs depending on the strength of the dealie: Appraisal, insurance, attorney fees, ect.In other words, an investment for you usually will require an investment from you.

The developer has agreed and we have a lender who will allow no title seasoning on a cash out due to the LTV and our strength as buyers.

RE investing is about dealing with people and we all have a strengths and weaknesses when dealing with others.

It’s one of my weaknesses and strengths…

Yes, i like sfh in Houston. it's my strength.

I have stayed in vacation rentals that are primary residences and they must couch surf when it is rented; that isn't what I'm talking about.The recent podcast has my brain chugging about vacation rentals.My husband and I have discussed opening a B&B in retirement, but decided it is too involved and maybe not playing to our strengths.

With my lack of admin/accounting strength, I think I'll need to go with 2 separate accounts.

Sounds like the owner of the property wants to see your financial statements to asses the strength of you actually being able to open a business.With a start up the first year or so is break even usually.

I am leaning toward my strengths.