The tenant had a clogged kitchen drain, and when she called in, was treated harshly by the person she talked to, told that the drain was "her fault," and if she wanted someone to come out, she would need to pay out of pocket.

There are a few things I would check before pulling the trigger, the first is the actual value of the house, it seems odd that the market value could be lower but check and see, the other is to make sure there is rental demand.

Hey Mike,Make sure you do your homework if they do "gift" you the amount.Unfortunately there are limits on how much a parent/s may gift their children without triggering gift tax by the IRS.The IRS is the last entity on earth that you want to have future issues with.I would seek advice from a tax professional BEFORE making a final decision.All the best!

I was told I am not investing because I won't pull the trigger.

I've heard multiple people refer to seller financing deals over one year as the thing that triggers the compliance issues.

It's time to pull the trigger and get started.

Hi Kimberly,Welcome to BP.Many people have reservations on pulling the trigger on their first deal.

Matt,Assuming he has owned the property for as long as he says, the recapture would be triggered in the year of the sale.

If you are a professional that does not actively own and invest in real estate, then I do not want to hear from you (harsh but it will save us both time).

And some places have hurricanes, tornadoes, hail the size of baseballs, sink holes, known foundation problems, harsh heat in the summer and severe cold in the winter - all increasing maintenance costs.