Gotta correct Josh... the vast majority of laminate floors do not use adhesive, and are not waterproof at all.

Residual income is something we'll have to indulge as investors if we're in it for the long haul(plan to retire in this business especially if retiring is a decade or more away).

i bought one house (forgot how long ago) that had an old, old carpet.. the walk areas of the carpet were so thin, that you could feel the hardwood underneath. when we went to take out the carpet and pad, the pad had deteriorated so much, that 90% of was turned into dust, the rest of it (10%) was glued to the hardwood underneath. it took us about a day with vinegar, water, and numerous different scrapers to try to peel the pieces and residue off. hosing down the floor would be a nice option. like a prison cell.

The residual commissions from sales helped smooth the transition.1 Wholesaling2 Baltimore3 Self financed, buy for $10K and sell for $40K didn't take a lot of money to do4 Perhaps 6-125 two years~6 Make enough money to put all the crooked politicians and judges in jail.

Hi Shaun,I posted on this before but can't find the post.If there is a hive attached to the house it is different than on a tree etc.If it's on exterior or interior wall.You will have to remove the wall of wood as well after the bee keeper comes out to clean out the bees.The wood (studs)will look clean but the residue on the studs will make the bees come back after you drywall up.So you replace the whole section where they were in the walls.

I invest in residual and commerical properties.

If their report is devoid of evictions, then it says that they are like most people and they have enough residual intelligence to realize that no matter what you pay your rent or your going to be homeless.

The MBS will still have residual value..As to banks going under.

Would I still have to pay $4.8 Million in taxes or would I only have to pay taxes of the residual income made by the cap rate of the property itself?

I made a chunk of change which set me up for a time to come, but not residual income to last forever.