Wyoming, I know, has been through more than one energy boom and subsequent bust.

You must sell real estate and then subsequently acquire real estate in order to satisfy the like-kind requirement for 1031 Exchange treatment.

However now the State and subsequently the city, have relaxed the codes to encourage homeowners to build.

I started my HML ing out of state Career in Detroit and had a great run from 2002 to 2005 when values started to crater even before the crash of 08.

Each subsequent vendor that you work with will also have referrals for you as well.

Some notes below:Reserves (Loan spots 1-6) 6 months of PITI (principal, interest, tax, hoa on subject property) + plus additional 2 months of PITI in each of the subsequent loan spots 1-6.

Most if not all troubled banks have either cratered  IE a firm like Rialto bought them.. or have worked through their OREO.Banks will always have some OREO buts it nothing like it was 2008 to 20012. my community bank that I work with Has Zero OREO at this time for instance.

It laid the groundwork for the subsequent housing bubble.

I inderstand the value of the tease effect you're using here, but what do you suggest should be included in the initial letter, and the subsequent follow up letters/postcards, to execute this strategy effectively?

Or have the CPA do the first year's taxes, after which all of the depreciation amounts and durations will have already been set, so that you can do subsequent years.If the paid CPA errs in any way, they will stand beside you at the audit.