Allure would be very expensive and I might have to deal with the gap between floor and baseboards.The gap is readily solved with quarter rounds, and then paint to match base boards.

They will basically just be looking for the following things in your home office:- The office must have a secure door lock and be separate from living quarters (can not be a bedroom, must be a den or a separate office)- Password protected computer- Locking file cabinet where tenant information is stored- ShredderThere's really no way to get around this if you wanted access to complete credit report info.

:help: :help: :help: 485 sq ft Studio in apartment turned condo, in community that rents at around 95% occupancybuilt 1983, updated in 20031/4 mile from Palms CasinoSales price 110K, 10% down required11K cashback at closing, if financing is done through preferred lender (covers 10% downpayment)Management takes care of all internal repairsCurrent tenant renting at 605/month, on lease through 3/1/08Developer offering leaseback of 770/month + no HOA fees or Mgmt fees for 2 years (guaranteed to net profit $90 per month after taxes for 2 years)After 2 years, owner receives whatever property rents for, plus is put in a "Shared Rental Pool": a quarterly check of [Going Rent of all comparable studios in community]X[% Occupied in community]-[losses/improvements of the community].

If the IRA is the fourth participant, then each of you has a quarter.LLCs have members who are the owners of the company (they would be shareholders if it was a corporation) and managers.

I've been looking into REO property, 1st time, and it's quite overwhelming with all the info one has to gather, such as liens and so fourth.

Four things led to this desire:1.

For example my loans are currently a quarter plus prime which is 8.5%.The interest only loans I use fit my game plan.

Borrowed money is expensive money, and don't tell me about "tax breaks", paying a dollar to save a quarter ( doubt if you're even in the 25% tax bracket) is FOOLISH.

Recession being defined by 2 quarters back to back where the economic production of the country decreases.

Reality: Foreclosures will increase through first three quarters of 2008.