On the asset class recovery cycle office is the last to recover second only to Industrial right now.Everything cycles at different times.

One last point, I don't know about in Texas, but in Arizona when someone buys a surplus lines policy, they are giving up their right to participate in the state recovery fund should the insurance company go belly up financially. 

Hi LoisSeveral years ago I did Judgment recovery in McHenry County.

With the water crisis and the lack of jobs it will take a while to recovery.

. :-)I am in the process of setting up a 501 (c) 3 (paperwork has been filed...just waiting for IRS to do its thing) that will operate sober living homes for those in recovery who need safe and affordable housing.In thinking of how to setup the homes, I am thinking of two separate strategies: either raising enough funds through grants to purchase properties, or leasing existing rental properties.If I can't buy properties, one of the issues with possibly leasing properties is if I decide to lease/rent existing properties, they would need to cash flow for us to sustain the nonprofit and its mission, so there would likely need to be significant rent concessions made from landlord (for example, a 50% concession, ie rents normally for $2500, rented to nonprofit for $1250, so we could then rent each room for $500 a month and possibly cash flow).I'm hopeful that I could find landlords who would be open to an arrangement where:1) A 3% to 5% non-refundable downpayment is made to landlord in exchange for 5 year guaranteed lease/rental agreement2) Nonprofit agrees to pay 50% of all needed repairs (due to occupancy) to property during that time3) In exchange, landlord gets stable occupancy, gets a tax deduction for the amount of rental concession made (would likely be tens of thousands of dollars) and is not on the hook fully for repairs and maintenanceFully open to hearing opinions or suggestions...am I thinking of this in a way that is possible?

I have a very exclusive network, mainly professional athletes looking to invest.

Now if you have great eye sight and are very athletic you might have the skills to go for the $100...no problem.  

The buyer can become responsible for unpaid IRS liens or Office of Recovery Services liens for unpaid child support. 

As a result, these replacements are capital improvements to the residential rental property.Are in the same class of property as the residential rental property to which they are attached.Are generally depreciated over a recovery period of 27.5 years using the straight line method of depreciation and a mid-month convention as residential rental property.Repainting the exterior of your residential rental property: By itself, the cost of painting the exterior of a building is generally a currently deductible repair expense because merely painting is not an improvement under the capitalization rules.However, if the painting directly benefits or is incurred as part of a larger project that is a capital improvement to the building structure, then the cost of the painting is considered part of the capital improvement and is subject to capitalization.In this case, the painting is incurred as part of the overall restoration of the building structure.

Hey guys, my name is Guy, I'm an investor from Israel and started to invest here in the state after recognizing the potential and the recovery here.