I'm seeing a lot of homes up for auction (mostly SFH but some multifamily) around town--do you have any insight into this trend (why all the foreclosures?) 

All the other real estate in my businesses are counted as assets minus the debt liabilities for net worth purposes and the business income that comes to me is counted as part of my personal income.

I use excel , but many times I forget to add any expenses and then it messes up the calculations.How do experienced people do it ? 

This is a learning experience and you will come out better on the other side.Companies can be very slimy also. 

Quote from @David Mancia: My Name is David Mancia, and at the end of last year I finally took the plunge and decided to contact RTR to buy my first out of state property, and I was contacted by Ms.

Their entire business plan is wait a few days to come out, charge  deductible, go back to the office to order a part or two that will come in a day or two.

Now the post test reveals I have pvc sewer line leaks under the concrete foundation. plumber has found multiple breaks in the line which need to be repaired and has provided an estimate for tunneling under the house and replacing entire 45ft main line!

While the price is important, a successful investment is driven by the ROI.

The item that I hate shopping for the most is dressers, and nothing else comes remotely close. 

@Kwanza Price tips for managing contractors:1.