You can have a race to the top or a race to the bottom, whichever you prefer.

DELAYED FINANCING  Max LTV 70% of appraised value o Vs. purchase price whichever is less typical guide  Cash acquisition required *sourced and seasoned- define  6 month window to close from date of acquisition date.

Yes, assuming the bank is OK with a borrowed down payment, they will count the payment for that additional debt in your DTI or DSCR, whichever applies for the type of loan you're using.

Maybe some have produced better, maybe some of the PMs are better communicators than others, etc.Then whichever ones you like the best, buy more of those.

Before you do, though, be sure to shored up your understanding of whichever non-traditional financing strategy you will be pursuing.

Whichever route you wish to take, for whatever type of property, you will have to be consistent in your efforts.

The other cheap update you could do is to but in some brushed nickel or oil rubbed bronze towel holders, toilet paper holders, etc (whichever matches the faucets).

Here's how you compute the tax:Basis = what you paid plus closing costs less depreciation.Deprecation is the amount actually taken or the amount you could have taken, whichever is larger.Net sales proceeds = amount you sold it for less selling costs.Note that the net sales proceeds is not related to any checks you may receive when you sell.Gain = net sales proceeds - basisAmount subject to depreciation recapture tax = lesser of gain or depreciationAmount subject to capital gains tax = gain - (amount subject to deprecation recapture tax)You'll pay the taxes when you file your 2010 taxes, assuming the sale is this year.

I would go with the lower option, which ever restricts you further.

In either event you or the partnership (whichever is the taxpayer for the property) have an opportunity to exchange.