We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Did you advertise first and then obtain contract that way?

How are they still advertising this?

Its certainly allowable on FF, but I'd make it crystal clear in your advertising that you are filling rooms in the unit rather than listing the whole space once you've filled a room (or 2 or 3).

The cost of renewing an LLC or changing the title is absurdly cheap unless you have one of those law firms that advertise a lot and have a huge advertising department and claim to have a secret sauce that guarantees protection. 

As mentioned elsewhere, breakeven on cash flow is not the same as break even for taxes.Let's make some assumptions:Rental income = $1000Mortgage payment = $400 - but $300 is interest and $100 is principalOther expenses (repairs, advertising, utilities, etc) = $600Depreciation = $250The above scenario creates a break even from a cash flow perspective, however the tax scenario looks like this:Rental income minus the mortgage interest (principal is not deductible) minus the other expenses minus depreciation looks like this:1000-300-600-250 = $150 LossIf your income is over $150,000, then you cannot deduct that loss, but you can roll it over to future years. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.

from what I understand you're not supposed to advertise any deals or promote yourself.There are definitely good to great deals though.

Still not up to prime time for what they advertise.. but in the scope of the product they put out in the last few years.. many of them would make this look like the Taj Mahal..