Charles, the condo alternative has appealed to me because I manage my own rentals, work full-time and it is hard to take care of a home too..I really like the concept but it is like a lot of things, some are good and some are not.

Originally posted by Charles Perkins:What I find interesting though is the National appraisal association arguing to include foreclosures and short sales as comparables.So if they argue for including foreclosures and short sales as comparables, this is an example of what I get.

Thanks for the welcome backs Charles and Justin........

Hi, Charles I'm looking to start off locally and manage my own until I build my porfolio then I will hire a PM and branch out to other areas.

Maybe Charles can jump in with other ideas, I'm not a tax expert.

While you can do this, I'm sure Charles missed that part about using the LLC income that you paid as qualifying income for a loan.

Charles: Thank you for the suggestions definitely will check these guys out.

Thanks Charles,You're 100% right.

Charles- I believe a key is to make sure you have satisfactory write off as to not reach the 150K Disclaimer once again.

Right on Charles.