FAE = franchise AND excise taxesthere is a tax on holdings as well as income in TN.this is the primary reason I believe LLCs in TN should be used strategically.

I've been strategizing and planning out the downturn for years, and I actually look forward to it here locally.

My understanding is that Athens is hot particularly amongst legislators probably due to the long-term plans wherein Athens is becoming a strategic investment for the state.I can PM you with more specifics.Take care,Jack (RE Investor, I'm not an Agent)

I picked up a book on short sales called "The Short Sale Success Blueprint" By Strategic Real Estate Coach.

We do encourage you to keep your plan, you might get a different result depending where you are looking for.One piece of advice, select very well and strategically the neighborhoods you want to invest and have all your finances ready to go.

We're now taking a break to strategize our next steps.

Our best bets strategically would be to use up labor forces in Central and South America, but those governments aren't strong enough and our Political Will says to stay away from "Colonializing" the Americas again, to the tune of Yankee go Home.-  Value Add products, some will come back to the US. 

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck and let me know if you have any questions.

But maybe you should strategize about lining long-term financing for those properties where you have to cash-out your investors in a 5 month horizon if this brings your operating accounts to a very low balance leaving inadequate reserves for these properties.

Nonetheless I love my home but my next investment will be more strategic than an emotional one.