Without seeing the inside, judging from a few exterior pics and assuming the interior is well kept but dated, I'd say a safe retail number may be $120k.

In other words, a classic cargo van.I read this to say a regular 7 passenger SUV no longer qualifies for 25k bonus depreciation.Are there 9 passenger SUV's?

I googled what subject to means and here's what Wikipedia has to say:"A second lien holder can foreclose when a homeowner stops making payments to the second mortgage holder, even if there is no equity in the house.

Would it be best to work at the local agency for say a year, saving all the money I earn, and then look into moving out to Colorado?

I've learned more about design and construction from these shows than any other training, podcasts or websites out there.There's a reason why they say a picture is worth a thousand words.

I'd say a 1031 is the only way I'd sell (for the reason of needing equity) only because chances are with depreciation recapture, you will most likely have a tax bill which could come close to equaling what you'd miss in a re-finance (especially if the appraisal is a large number above what you originally paid for it).-- Your cash flow.

So what you say as long as the renter pays?

Although we draw a mostly intermediate to advanced group of investors, so I'd say a good percentage of them are already there.And philosophically speaking, I think most real estate investors are capitalists.

Specifically what does your contract say as far as extensions for the short sale?

I would say a 50/50 or 60/40 split of the profits is much closer to "average" (if there is such a thing) between the money guy (him/her) and the sweat equity guy (you).