When working with clients' tax advisors, oftentimes we have to educate them on the subject.There are tax rules that apply to such plans about which you must be aware, but it's a great strategy for those that embrace it.Key items that you should be considering as you invest are prohibited transactions and UBIT.

Now unless lending in Michigan is at the point where bankers are full on embracing the 2008, I can't see any main line bank willing to work with you and offer you the the numbers and ratios you proposed in your initial scenario.

Opportunity has a queer way of stalking the person who can recognize it and is ready to embrace it.

Just some pointers that I wish I would have truly embraced when I was 20!

As a career I am a professional penetration tester.

You might have to embrace the suck and pay the $1900 or he could put a lien on the property.

Embrace the negotiation and stick up for what you want.

Agreed with Paul...embrace the *AND* not the *OR*... :-)Also, it's not just about the money...Personally, my personality suits flips more than wholesales (I don't like marketing, and can farm this part out for retail sales but not on wholesales), so I'd rather do flips even if I made the same amount by wholesaling.Wholesaling is something I could do if I had a partner who could compliment my weaknesses...but barring that, it doesn't matter how much money I could make, I'd be miserable doing it on my own...That said, I think someone who builds a wholesale business in a well-structured and scalable way could do quite well with it...probably just as well as flipping given the same amount of start-up capital...it's just a different set of skills...

Relating his income to something that is beyond his contro (% of collected rent) will probably be a difficult concept for him to embrace.

Owner is doing financials themselves or has a low-end property manager that doesn’t embrace technology.