Highest bid takes the cake, only a couple other investors at the auction.

So you want to take a non deductible expense and expense  it, to lower your taxable income (have your cake).....but not have it lower your income for credit qualification purposes (eat your cake too).....good luck. 

Properly capitalized, I’m sure flips produce good margins, but rent and hold, with liberal fruit cakes must be challenging???

She really takes the cake.

For a 4BR/3BA in Orange County, not far from Disneyland and Anaheim convention center it brought me 1 inquiry in 3 months and 0 bookings.

I’m originally from the San Fernando Valley, not too far from Anaheim.

Not to bust your bubble....just making sure you realize this isn't a cake walk. 

The fact that they will be providing nice homes for people who love them is icing on the cake!

Much thanks you have reminded me that I should keep the mindset of the savvy investor, and not be relying so heavily on these "connections" but rather using it as icing on the cake. 

I know cash flow is king and appreciation is just icing on the cake but this is what I am working with.