No doubt the preferential treatment for capital gains seem to gather much of the headlines.

If you have to refinance you need to consider that because you will struggle to find a lender that will lend money on basically a non-conforming property with nothing similar surrounding it.

If you have the 25% down through a partnership, you could even use Fannie Mae or Freddie Mac financing which is non recourse! 

I'm having a rather hard time finding a deal that generates cashflow in a non-slumlord neighborhood.

In very competitive situations, it's not uncommon for buyers to offer a portion of the EMD that is non-refundable from day 1 (sometimes referred to as "going hard" or "due consideration.")

Does anyone know of a fund us non-millionaire folks?

I have a partner (childhood-friend, non-veteran) who would split with me the down payment in excess of the entitlement ($649K for San Diego) and any renovation costs. 

Since your lease requires the (business) tenant carry a commercial general liability  insurance policy , and that it names you as an additional insured on a primary and non contributory basis, you tender the suit to your insurance policy and that of your tenant.

Hi All,Been a landlord for a few years in CT, but am curious as to what others are doing concerning 2 items:1) Insurance for non-owner-occupied Multi-Family properties.I recently switched a 2-family that I used to partly owner-occupy to a Landlord policy, since it is now fully rented.It's in a great area, in awesome condition, updated plumbing/electrical/safety, etc. 

BP Members,Unfortunately have had a bit of a rough patch with 2 separate tenants and I am preparing for suing for non-payment.A peterborough tenant has already been evicted but I cant find their new address in order to sue.