You can couple that news with the news out of China today that they have decided to cut their interest rate, lower Bank Reserves, (banks can lend more money) and make it easier for people to buy houses and they are also actively pumping money into their stock market which is to say we were going to have the massive inflation going forward.

If your startup costs are over $55,000, you lose the immediate deduction, and the entire amount would have to be amortized over 180 months (15 years).Here’s an example to clarify:•If you spend $7,000 on startup costs (such as attending BPCon, legal fees, and market research), you can deduct $5,000 in the first year and amortize the remaining $2,000 over 15 years, starting when your business is officially active.

From there leverage your remaining $70k for entry in a distressed multi-family asset.

After talking to a construction management company, I found the ARVs to be inflated.

The upside for the investor is guaranteed returns, while the upside for you is that any profit above the agreed interest remains yours.Another option is a profit-sharing model, where the investor funds the deal and takes a percentage of the profits after the sale.

Loan Term and AmortizationCommon Term Lengths: Loan terms for seller financing vary but often range from 15 to 30 years to keep payments affordable for the buyer.Balloon Payment: Many seller-financed deals include a balloon payment due in 5 to 10 years, at which point the buyer would need to refinance or pay off the remaining balance.

They were UNLUCKY - lucky would have been bailed out by inflation or boom market in real estate prices. 

And use the remaining as a down payment on something that cash flows. 

We tag them w/ a notice that says they'll be towed if tires aren't inflated or if they've sat for long periods of time w/o movement, invalid tags etc. 3.

@Renee Potoczny @Anthony Wick @George Pauley Update:  I requested that she furnish proof from her bank showing that the funds were available and remained sufficient through the processing period.