mortgage will be about 750.00 a mo @ 20% of 200k Tax is cheap compared to other parts of NJ 400.00 mo.

.- This is what you do.Have a local real estate agent pull sold cash comparables in the area within the last 90 days.

Compare apples to apples and listen

One other thing that is appealing to the current owners is getting a decent rate on the notes they would carry, compared to the fixed rate products that they would be likely to put their money in such as CDs.

How would your rent compare to the going rents in the area?

Simply by doing a drive by and running comparables this house completely redone can be moved for a easy 175k-200k.

The exclusion is reduced pro rata by comparing the number of years the property is used for non-primary residence purposes to the total number of years the property is owned by the taxpayer.

I have never tried investing in retirement communities as I always viewed it as a small buyer pool compared to traditional communities.Please tell us more about your plan and what made you choose retirement communities.Best of luck with your investments and welcome again!

Get those at HD, Some for big splash goggles and heavy duty chemical gloves.

I guess I need to compare a HML against the convential loan to see what my best option would be.