Some things to think about...Real estate could potentially decrease your taxable income by way of depreciation.

Please add.I appreciate all replies by all of you here.Thanks again

(Note its typically reduced by the percentage, so as an example if you pay 90% - $90k for a $100k loan, and the UPB was reduced by $1,000 - you get a $900 deduction not the full $1,000).But let's take a deeper dive into a LSA and some of the key areas - Specifically the section called "Representations, Warranties & Convenants" For both the buyer and seller. 

Well you've broken the law by not returning it in the time frame.

These listing sites don't make $ just by being listing sites.

It doesn't matter what the split is because if you have no one to help you (your broker will forget your name by mid-week), you will not do anything with your license.

By all accounts they have been great tenants.

Appreciation, and this quote by David Greene really stood out:"Everyone I have ever talked to has always said: Location, Location, Location... buy in the right area, with the right schools... the appreciation you get will trump any bit of cashflow that you thought was important, and you won't have the headaches."

Many property owners in this financial situation do not know who to trust since they're being told different things by attorneys, the bank, investors, and Realtors.

Nobody really knows how low they'll go but I agree with predictions of 20-25%...and I wonder what Agents are doing to make up that delta in their revenue.We diversified well in advance knowing we needed to create additional streams of income, ideally by simply focusing on what we control, the size of our roster, and more effectively monetizing all of our current transactions.