One of my new year's resolutions is to try harder to understand that there will be investors (young, old, new, seasoned and all in between) that will do bad things, they will do bad things for a dime or perhaps for no reason at all really.I'm also trying much harder not to use a hammer to swat flies when a bit of fly paper will do.For those who insist on creating notes at 1% or zero interest, just understand that if you don't disclose to some unknowing seller that they will get tagged with imputed tax rates forced upon their note then you just created a potential liability for yourself.If you have a mortgage broker who may be a party to your note, they may provide or write the note, I've written hundreds of them as a broker/servicer.

This can all change however, if there is adequate room for depreciation to essentially zero out the income from the property.

At your earliest what would be your advice to someone that will like to start in this investment scope with zero assets and or down payment?

Requiring a house to be up to code before starting utility service is not extortion, it's good public policy and what government is suppose to do.

@Randy King,Get you a good insurance policy and forget about all the books and snake-oil salesmen.

See pic below.Removed personal info from pic below.I can't believe how crazy this has been.Moral of the storyBuy title insuranceMake sure you get the policy mailed to youFollow up to make sure liens are removed

Thought you were an examiner and understood what the purpose of bank regulatory policy was all about, but either you're playing dumb or you really don't know.Government is necessary in a capitalistic society, it doesn't function efficiently without government.

We do get tenants who get to January and say our electric bill really went up well yes it is below zero and you are paying for electric heat.

There is snow on the ground and it is cold there.My insurance policy is set to expire.

Everyone has different risk tolerances; in my market I could lose a deal by trying to get contractors access and waiting for bids to come back.