Agents and investors alike need to listen to Super Agents Live podcast #261 with Todd Miller.

Great way to meet and network with other investors that have a like minded focus. 

hey Tori, So I am not a realtor but a like-minded investor.

When a listing is offered at a price that is a "lender approved" short-sale price, is it likely that that is the bottom line price or is it just a likely that is an indication that the lender is willing to negotiate further?

Is this a possible asset transfer that will meet the tax requirement of a "like" property?  

w@Kevin Siedlecki very correctly pointed out that you moving into a backyard shed would be a likely zoning violation (which is not criminal -but could lead to a fine if found out, then warned and warnings are ignored), but that would not dissuade me if shed living equaled saving money.  

For that matter, there was considerable discussion at the recent Annual George Allen Roundtable in Nashville, Tennessee about community owners being caught, fined, and prosecuted by attorneys and community owners alike.

My thinking, however, is the management fee would be cash flow for now since I plan to self manage, rents will be corrected and increased by $300/month total making for a likely potential of $530 in cash flow. 

I realise it's a hard question to answer given that no 2 scenarios are alike.

I also think buyers and sellers alike aren't sure what will happen so if there isn't a huge amount of interest in a unit then you will be in a better position as the buyer if the seller has to sell.When the HST tax came into effect several years ago there were a few months when there was a pause in the market and then when people realized it wasn't going to have much of an affect on price it picked right back up.