They're also not great at the day to day property management tasks - tenant screening, solid recordkeeping, inspections, etc. and most will never get great at it because the leaders of the enterprise are focused on the flipping.You did well on your purchases, although I'm not certain the return you've shown so far (around 25% net of what it would cost to liquidate) is a fair one given the considerable risk of evaluating these deals long distance, sending rehab money to people you've never met (in Detroit) and relying on photos that the work was done and done in a quality, lasting manner.

This extensive work not only is labor-intensive but also involves subsequent wall repairs and repainting.

Our price point with subsequent BR sizes didn't match up.

Contracting and flipping are both high effort enterprises as is having a new baby.

Implying is that your offer is identical to the other offers on the table just with a lower due diligence is extremely misleading to anyone subsequently reading this post. 

Any passive losses you have no use for in that calendar year will carry over, so they can also be used in subsequent years.Keep in mind, some property types will garner more bonus depreciation than others.

These are not well funded enterprises.  

What have me confused is do you have to have 3  consecutive subsequent year of paying of the tax liens or 3 years after you purchase a lien you can foreclosure and if there a lien holder a head you and if he don’t file foreclosure after his 3 years is up and you file foreclosure before he do, the quiet title deed will go to you? 

Subsequently, I revised the lease agreement to elucidate the protocol for addressing such occurrences in the future.

People generally love to talk about themselves and subsequently what they've done to their homes.Hardwood will always be popular, refinished is good.