If it is necessary to separate a lease from an option for both liability and foreclosure rules then why not use the following designHome @ $100,000Lease home for $500 per monthSell Option for $5,000 Year one purchase price is 95,000 Year two purchase price is 94,000 Year three purchase price is 93,000 $83.33 credit per month would be built into this scenario, but not stated specifically.

AND, we have had cases where a bank has said no and then came back to us three or four months later and said OK, we’ll take your offer (to which our reply is “well that was then and this is now, our offer is now 20% less than it was back thenâ€, take it or leave it)If you are using an agent or even if you are using the MLS yourself, you should be set up to get daily email alerts of price drops, new listing etc.

But, no matter, it will be worth your while to read three or four general RE investing books, then three or four more on the specific areas of interest.

Citigroup May Get Government Rescue, Investors Say Nov. 21 (Bloomberg) -- Citigroup Inc. will probably get rescued by the U.S. government after a crisis in confidence erased half its stock-market value in three days, investors and analysts said.

You may be looking to purchase a small office building, and find two or three candidates in a particular zip code.

Once they reach a decision point and a certain size they do one of three things.

Three guesses who gets sued by these slobs?

Three years ago I was completely debt free.

Our strategy is is buying with private money and holding for two to three years with a Rent to Own or Owner Financing.Good Luck.

Given the above, I take exception to your comment in the article that "with "straight" line depreciation, we get the same deduciton every year -- meaning our depreciation deduction in year three is the same as the depreciation deduction in year twenty-three."