A sale that never happened and which produced income that never happened is just that.

Other companies produce good income but are never worth all that much otherwise.John Corey

The list can be produced by the home inspector as it will be the same items the inspector writes up normally.John Corey

They were one of the first TIC Brokers to get into the business and remain one of the top producing TIC Brokers with Omni Brokerage.

My dilima is that this is a great chance to pick up some fairly nice cash producing homes and is it worth the risk to go higher on the monthly payment to get my foot in the door temp. until I can pull a refi and pay him completely off which mostly we would work a ballon payment at 3 years?

Is there a book which guides an Investor on how to structure a Deal/Financing to produce a high DSCR that he might have a better chance at qualifying for a Loan?

If the property is not producing an income after expenses (assume 50% of the gross scheduled rent is paid back out in expenses) then the tax deduction will only marginally improve what is likely a bad deal.Are the deals you are considering profitable and you just want to take advantage of the tax code?

Some real estate agents might produce summary documents (beyond just an MLS listing report).Lets exchange ideas and more importantly specific examples so that we can see what is the best of breed.After I get on the other computer I will work up an example of the REAP output.

Or get a partner with a clear way to later buy them out.Let the market help produce the money you need for investing.John Corey

Thx chop. going to look into getting the LLC done.Noobdog,I really don't think my idea is that vague.I WANT to own some income producing properties, that is my goal as previously stated.If I bought a property that I felt I had a great price on and could make quick money, I wouldn't hesitate to try and sell it while also trying to rent it.