I've been reading this forum religiously for the last few days and it's been very helpful.

They may agree to accecpt some kind of instrument filed in the recorders or clerks office to consolidate them into one single tract in order to let you have the reduced valuation.Exemptions usually only apply to non-profit org, religious, gov prop.

Ray - We don't allow people to use their pic to advertise, don't allow religious or political statements, and don't allow images of famous people or copyright images.

There seems to be a belief that lending to an entity will avoid SAFE Act issues or associated problems lending to a homeowner directly on residential real estate.

I rented the whole thing out and still lived at home with mom, had great positive cashflow - I belief at the time I was banking around 1,500 monthly which quickly enabled me to move on to other investments including my first primary which was a 2 family.I still think about doing it full time sometimes but would need about 4 or 5 more good properties but I make decent money at my day job and need benefits.

well... you would think that would be the case... but...this property is in a city that has no zoning, no formal way of evaluating a property and has no history of inspecting a property.home sits on 8 different lotsfurther, this isnt a rehab. the corporation who bought the home upgraded beyond belief. beautiful trim, accents, original antique knobs, new cabinets in kitchen, new appliances, new texture on walls, tasteful paint in all rooms, fans in each room, 2 big *** HVAC units, foundation repaired, new roof (although an E1 tornado touched down 1/10th of a mile from the home yesterday), new windows, gorgeous flooring is original and was refinished 2 years ago - clean, clean, clean and even cleaner!

Perhaps I have violated a belief that many landlords have in that I have taken an interest in the lives of my tenants and of course this may back fire at times.

I see there are many others that share my belief about Facebook.

And as J said, this site is focused on investing vs. speculating -- mitigating risk is a key belief here.Good luck and we'll see you around.

Never pay more than your mortgage payment - at least thats my belief when it comes to investing.