Needless to say, a pool would seem to add a whole new layer of liability, maintenance, etc.The second "off-market" property presented was in a neighborhood that by all accounts, is the ghetto with huge crime problems.  

Based on what I read, half the articles say a flip doesn't qualify for capital gains, while the other half says " well you kind of do".

Say a 200 ft well has water starting at 145 ft then you know you have plenty of water for a while.

Check out landlordology to see EXACTLY what the statues say.  A

When you lose an investment say a note in default, you lose both the note and retirement money for good.

i.e let's say a property's ARV is 140k, selling for 60k and needs 20k of rehab.

I see the huds.. even the conventional banks that are doing say a 40k loan when you look at all the charges on the settelement statement it comes to 4 to 5k to the bank..

Then he goes to say "a high bill for the last year was 88".

Say a property has a lien on it, now everybody collectively say "don't buy it", but jokes aside if a seller can sell a property with a lien on it then what real threat or problem does a lien pose?

I say as soon as possible (as I'm sure everyone days) because it would help us move at a faster pace.