Then my husbands aunt offered to sell us her place for this cheap, and I wanted to hop on it if at all possible so thats why I am here trying to figure this out lol

Lets say your accountant tries to write off as much as is legally possible when it comes to lowing your taxible income so that your tax burden is less and you pay less taxes.

Get as much information from the previous landlord as possible BEFORE meeting them.

I highly suggest getting your feet wet in your local market if possible if you plan to rehab or manage the property yourself.

Tell the possible contenders you are interested in how they format their statements and what information they include.

Always use a property manager to keep your real estate investments as passive as possible and keep you compliant with Fair Housing laws.This way you can learn to manage the property manager and learn from experience as you go.If you buy a bunch of properties all at once, they may not all fit your buying criteria, there may be deferred maintenance that needs to be dealt with all at the same time, and you will not have accumulated the management experience building your portfolio one at a time.To Your Success!

Here's a short treatise by a title insurer:A deed in lieu of foreclosure is a deed given by the owner of mortgaged property to the holder of the mortgage or its designee where the mortgage is in default and foreclosure is a possibility.

If this is not possible, take some time to get to know and be-friend the other HOA board members before you waste money with an attorney.

However, it wouldn’t affect investments made indirectly through a local company in Europe.That said, I believe it would still be possible to invest strategically to mitigate the impact of such regulations.

In those days it was possible to locate and tie up a “killer” deal, and close the transaction with absolutely zero of the investors own money.