Edited to add- If the property is not being sold by the Trustee but by a lien holder, the property may have been removed from the bankruptcy through a "motion to abandon" which just means there is nothing for the bankruptcy to get from the property so the creditor can proceed with executing its rights against the property. 

@Ron I'm not quite sure it's just speculating if I personally know people who have seen great double digit returns in the short-term.

Good post, I agree with you, i do believe a correction is coming, but with investors now having to put more skin in the game and not being able to drive up prices like they did years ago with no money down products and loose lending requirements, i dont think it will happen this year maybe 2 or 3 years down the road and that also depends on what region you are talking about, we didnt really feel the crash out here and we didnt experience the double digit appreciation either , i wasnt thinking of selling when i refinanced, a few months after i did it, my tenant moved out so that got me to thinking about changing my goals, i was in a 6.15 30year loan still paying pmi, so the fixed 15yr @ 4.375 was a better deal for me, and yes counting on appreciation is not good because its not guaranteed, i may end up keeping it because I like the idea of having it paid for in 15 years.  

Yes there is only 4 digits in that price!

Definitely more risk, but you can’t make six digits on a flip unless you take the leap. 

In the past when I did videos, I used Youtube and had to edit the videos myself so it was a few hours extra worth of work.

Please disregard the misspelled words my auto correct knows no boundaries and I am unable to edit this post.

Also would like to use a system to get old documents into digital format and are view able by stakeholders and committee members.  

So again - don't report those expenses unless you went under contract :)Edit - just re-read and saw you are going to deduct on Sch E - just deduct under advertising.

@Bob Bowling See my edited post.Yes in theory I should agree with you that the required rate of return is proportional to the level of risk.