I just think that the house would have been a royal, and far away, pain in the *** to manage, even if we had the best tenant in the world.  

Fair enough Chris....to claim that the banks aren't screwing many cases up royally right now is simply untrue too.

I know Berkeley and Royal Oak require them too.

If you speculate on leveraged investments you can be royally screwed.

Palm Beach, West Palm Beach, Boynton Beach, Lake Worth, Jupiter, Palm Beach Gardens, Juno Beach, Tequesta, Riviera Beach, Royal Palm Beach, Wellington, LoxahatcheeAnyone interested in an informal meet-up to discuss strategies for the north-central Palm Beach County area?

U played the cards you were dealt so you got a full house next step is try to get that royal flush and you get that buy having properties sky rocket in value.. 

Alliance Bancorp - American Broker Conduit - Reliance Wholesale Lending - Royal Crown BankcorpThese lenders have no seller seasoning and Ive closed loans with all of themJohn

I am interested in Royal Oak, Ferndale, Berkley, Clawson, Oak Park, etc.

It's a royal mess.Correct, New Jersey has unique rules prohibiting carryforwards.

Thanks for sharing.Chris,Current owners, who have rents way below market, are getting royally screwed.