It may have been fully possible even with the DP to your satisfaction the remaining saviings may have been highly exposed to loss.

I've got 2 places with a woodstove look-alike propane stove, but those tenants run the elctric forced air because electric is cheaper than propane.I know there are houses locally that have in-floor heat, but I wouldn't expect to see it in a rental, only because it is an upgraded feature.

Whether you're renting to Section 8 or not, you're still exposed to the entitlement programs.

This industry has a lot of ins and outs and somebody who hasn't been exposed to doing these kinds of deals can definitely be caught with their pants down.

(If you're on propane code will probably be easier but you'll still need to split the bill) So, is it legal, yes, you can usually build on to an existing structure, but there are restrictions, just take your plans (note book paper type plans, to your building regs department and see what they say.

And they will increase the rate of "multiple offers" nonsense that's happening more and more.All I was saying in my original post is that the guy who spoke at my REIA didn't even expose anything that would give the newcomers a clue as to where to proceed.

Most of it comes from people who have never managed a property or from real estate agents who are looking to appeal to newb investors, but who have also never run their own rental property.With that in mind, I came across such a post on a member blog here on BP: Practical Real Estate Tips (share your thoughts below the post)What I'd like to do is have this thread be a place where we share any articles that we find online that offers bad advice for landlords.Please be sure to link to the article and be sure to explain why you think the advice stinks.I also encourage anyone reading these articles to be sure to let the authors know why the info they are providing is dangerous.We as a community can expose this information and do our best to correct it.So . . . share your thoughts on the article I mentioned before and be sure to start posting more junk advice wherever you find it.

These in theory are all short term transactions and typically fully exposed to taxation as any business would.Then you have investments characterized as long-term investments such as rentals and installment sale financing.

Turned out to be my most profitable deal ever.Both these deals were on the MLS and the Internet, I just wasn't recognizing the deals when I was first exposed to them.

I went in the Army and met people from all over the country, that's where I was exposed to racism.