Hi Guys,I realized that I done a horrible job at tracking my ROI, mainly because of lack of time and maybe ignorance as well.

There is NO de minis in federal law and the feds were specific about that in their Final Rule on the SAFE Act.Moving past the SAFE Act, there are a host of federal compliance issues that people have ignored in the past that just can't be ignored anymore without significant risk, and some relatively new ones that can be very dangerous to ignore.

They obviously were never going to contact me, but my realtor found out that this property had been packaged in a lot and sold to a bulk buyer, so my offer for more money made before the bulk sale was even arranged was just ignored.

The "puddle" may be gone, but the circumstances that cleaned it up did not fix any of the issues that caused and perpetuate it.It isn't our economy in general that caused this problem, it was unethical lending practices corroborated by the Feds, banks, and Wall Street, plus ignorant and/or lying home buyers.

Scott,If you want us to ignore the entire deal and just answer the question if a 20k investment is good if it throws 5-600 per month.

Proceeds would be: 1) The taxable gain 2) The taxable depreciation recovered (Which I totally ignored in my example before) 3) Any other equity such as the original down payment and any mortgage pay down over time.

Ignore them.

I don't want to talk to someone ignorant, but I definitely don't want to hear a sales pitch (it's always obvious).Have your house looking good, but there is nothing to be nervous about.

And you don't find it odd that you are basing your argument that Rich dad doesn't exist off a single quote from an article you haven't read (so you don't have the context around the quotes) and ignoring all the other times where he said Rich dad is a real person?

I'm not surprised at all that people dealing in real estate cheat, pay people under the table, decide what's best for them and ignore laws.