The catch there is, if you are using borrowed funds from an IRA, and plan to put that money back in within 60 days to avoid taxes and penalties, you don't have the luxury of 2 months of "seasoning".

We are working to create a luxury apartment market in that space with all of the new jobs at Griffis tech park and impending Marcy Nanotech.Do either of you have any experience in developing a marketing plan for a new community?

The last few years there was a huge increase in ultra-luxury properties being purchased by the Russian community.

Most people can't even or barely afford luxuries like expensive smart phones (Android's) and tablet computers (like my Asus Prime) so how are they going to afford the luxury of a technologically advanced house?

Luxury-type, but not the highest high-end.

BUT, it probably costs me around $2000 a month after adding in insurance, taxes, electricity, fuel oil, dump fees, cable tv, plus maintenance costs, plus maintenance and yardwork time, plus owning lawnmowers and tools, blah blah blah....I love my home and it's a big step up in privacy and luxury from my apt but it was a LOT cheaper to live in the apt :-)Investment properties, bought and managed properly, are investments.

Also, with the exception of one, I work alone and do not have the luxury of other partners to help manage more.

I live on a block with 20 new luxury apartment buildings over 35 floors.

While I earn almost nothing on this cushion, it has allowed me the luxury of not having to make forced desperate decisions when the unexpected happened, as well as providing the all important "staying power" during economic crisis.

Is that a luxury condo with all the amenities?