Question is: Should I eliminate the higher tax rate town on a flip for resale or just do the numbers and forget about the tax rates if the numbers work.

Section 8 can be good as long as your unit passes the program's housing quality standards, but with all that student debt she'll certainly need some supplemental under the table income, if she makes too much on the books she'll lose that voucher and possibly not be able to afford the unit anymore..

Joe Gore Short Sales hurt credit - FICO.See http://www.myfico.com/crediteducation/questions/foreclosure-alternatives-fico-score.aspxIt is a foreclosure.It hurts your reputation and you have to sign on Govt employment apps you have been through a foreclosure.IRS You may owe money to the IRS http://www.irs.gov/Individuals/The-Mortgage-Forgiveness-Debt-Relief-Act-and-Debt-Cancellation-To avoid a short sale,-rent the property out,-sell on sub2,-sell on lease option,sometimes better than short sale.

That's a lot of debt....

If it's LLC, does that eliminate refi?

Income levels, debt to income levels, and credit score ( 700 ) are all good.

A lot of outstanding HOA debt, and deferred maintenance can be real issues.In general, I went with SFRs, and still looked at the financials of the HOAs to make sure they weren't underwater.Anyway, feel free to hit me up for any more info or referrals.

Hey Rick,That could work, but the fact that they won't sign a contract, even if i partner up, they could basically eliminate me out of the deal right?

Short Sale will dry up even more if the Debt Forgiveness law is not extended.

This eliminates anything sticky down the road.