Also, I noticed in your HVAC forum post you stated you pay for the electrical.

If it is Fannie or Freddie backed, they will allow a short sale even if current on payments.

I only noticed it when I drove out from my driveway, in the rain, and put the wipers on...

I noticed in your spreadsheet that you didn't account for vacancies when calculating the cash flow/unit.

A short while later my mother had to sit me down and explain "predatory lending" as I was apparently charging too steep of penalties to my brothers when they failed to repay their loans in a timely manner.My own son, though not yet three, participates appropriately in the real estate business ... his favourite activity is walking through potential properties and he often notices things we, "big people", miss {like the big hole in the floor under the kitchen counters ;) ... where apparently the kitty-cat lives}.At this point, I invest a portion in his name on all new properties, but as he gets older, the plan is to enable him to make those decisions himself.

Change the address for tax notices but keep taxes as they are, tenants are not responsible to pay taxes on the tax man's eyes.

That would be happy news.I just got a notice yesterday from BAC that my Vendee loan for a house I bought in 2011 would be transferred to Residential Credit Services Inc.

Hi Everyone, I am wholesaling a Fannie property.

Around here it's about as expensive as the divorce and unnecessary as the parties can simply leave the relationship and give those public notices you see so much as you move forward with the divorce.See an attorney about legal matters, a loan officer to apply for a loan.

You have a duty to inform the insurance folks in a timely manner so if something does come upthey will have some idea and notice.