You should pay yourself a modest salary ($500 a month) and the rest would be non-taxable distributions.

I derive this number by assuming I could rent the place for $1,100.

Also with a mailing like this, 2000, would leads come in randomly or should distribution of leads be even?

When the homeowner dies, the house either (here's where I'm fuzzy) reverts to the lender, or is sold and the proceeds pay off the lender while the estate gets any remainder.So, it could be set up simply as a loan, with whatever distribution she needs.

We have just begun to see the losses my friend.Flipper, I traded on the floor of the LIFFE exchange arbed options, traded cross currency options, went on to do structures commodity products and trade energy derivatives.

If you run the company as a business with a business checking account and pay for the expenses of the business with the business checking account and simply pay yourself distributions to your personal accounts and handle all of your personal activity separatly, then you have a very good case to be excluded from liability.Personal case.

Another question I have is in today's world does buying based on prices derived from the 50% calculations allow one to buy at valuations which will allow for refinancing in the short-run?

Downtown, Mid-Town, High Point Terrace, Cooper Young, Highland Heights, and other inner city areas enjoying above average appreciation7.)One of the lowest cost of living of all major cities (FORTUNE magazine)8.)Surrounding cities support continued manufacturing development with Memphis as the distribution hub9.)Recent Subprime crunch has resulted in a hungry Renter PoolAnd there are many, many more reason of why real estate investors should be investin in Memphis, TN If you would like to learn more please contact me at your leizure.

To answer the question from phcapital, yes, you do get tax benefits of depreciation with a TIC as well as regular income distributions from rents.As stated earlier, they are ideal for someone who wants to have ownership of larger scale retail centers or office buildings they otherwise would not have access to with the amount of capital you have to invest.The only tricky part about them is the exit, which was also stated earlier.

They are each entitled $1,000 per month until all of the money has been distributed.