does any one have any experience w american proporperties inc. of indianapolis and mr wright who i believe is the owner

@Linda Weygant Thank you for providing some insight on this.

@Linda Weygant Thank you for the response.

I just listened to podcast #153 Linda Mckissack.

Thanks @Linda WeygantI immediately started advertising the property and actually had the first showing to a prospective tenant the very next day after closing.

@Gary Wright FHA requires that you owner occupy the property for at least 1 yr.For an investment property, your option is conventional loan with 20-25% down (depends on the type of property).

Thanks - Randy & Linda R

I am Linda from Saint Louis in the "Show Me State".

As @Linda Weygant said, the fed return is due 03-15, showing any pass through taxable income to your personal return.

@Linda WeygantThanks for the tip.