the answer is because this is what professionals do and it's the price of admission to really establish your real estate business properly from the outset.Having a lien, loan, etc. on the property does not indicate personal liability exposure to real property because being the borrower on a loan does not equate to holding legal title on the underlying property. 

We did a commercial loan, 20% down (10% down each)-I leveraged my partner's relationship with his commercial lenders to establish a baseline of credibility for myself and cut my teeth doing my first deal.

Finding an established group that finds a way to get deals done tends to be as helpful as anything as many of us have had experiences of weird and seemingly unnecessary denials.I do like to make sure that its a region they lend to and the type of project that they do.

Plus it takes 6 weeks for new sod to establish (for roots from sod to grow into the ground).

Both 30 days and 60 days are common in traditional leases.In a 60-day notice example, most respectable landlords would communicate 70-80 days before the end of the lease and ask the tenant about their intentions to end or renew the lease.

Very Respectfully,Don and Bubba

I would respectfully disagree.

Section 121 will not apply to the gain allocable to any portion (separate from the dwelling unit) of property sold or exchanged with respect to which a taxpayer does not satisfy the use requirement.

However many that left the island may have established themselves state side.

Hey Hadar, Instead of focusing on established hot markets like DFW, you might want to explore emerging markets where property values are still reasonable, but there’s potential for growth.