I have a decent job that I cannot give up right now but want to provide a better life for my new wife and future children going forward, and I truly believe real estate will help me do that.Along with building my network as a real estate agent, I want to start my first flip project during the first quarter of 2012.

I like to do quarterly walkthrus to try to catch any issues early.Lowering insured value is a good idea, but I own two townhomes where the HOA requires me to carry replacement value insurance.

Garrison Johnson,I am glad you did not go all the way with them, because I did go one fourth of the way and wasted $12500.

Gifts:Maximum $25 per client.You must keep a log of the gifts: Date, who you gave it to, gift cost and receipt.You will total all your income and expenses for each quarter and make estimated payments for your taxes in order to not incur any penalties.

The facilitator also works with everyone to set a date and time for a quarterly conference call.

I found a Property Manager that is probably the best in the area but I am uneasy not being in control, not being able to due my own quarterly inspections.

After 2.5 years, I could argue one third or one quarter of the unit's useful life was gone.

I always go into the home at least once a quarter to let them know that I am an active landlord and to also check for real damage, change HVAC filters (Because tenants rarely do and it causes a huge bill) and water damage / prevention (Caulking).

It's my understanding that we will need to file a partnership return and he'll also need to file a 1040-NR that will require quarterly filings on his RE earnings since he is a non-resident alien filer.

I have found infestations by observing only a quarter inch mud tube (all that was visible at that house).Now my advice: Make any purchase contingent on a wood destroying insect inspection and hire a professional and accompany him/her during the inspection.