And if you get married in the next two years you get an additional $250K of gain tax free.Just cause you live in something doesn't mean it's not an investment.Just some food for thought.

I have a war chest saved up, I have a 6-12 months worth of food in the pantry.

I'm guessing the tenant is a bit sloppy, as the bugs are likely feasting on their food.

So let's just put a couple of them out there - I'm not suggesting you should or shouldn't do these things, just presenting food for thought on alternatives.How about extending the time period in which the tenant is given the opportunity to perform on the purchase?

This reminds me of a situation with Chuck who use get food from my Grandmother's restaurant when I was younger.

So for all of you out there get a good tax advisor and a good legal advisor to use when it its important,and take the advice you get here with a large grain of salt as something to investigate and consider, not as an absolute truth.

You should have no problem competing, they have to hit a yield with more expenses applied to each property than an individual, more flexible and local investor would ever have in the property.If they own 200 properties in some area, they will have a more efficient operation, but from the ground up, that local maintenance guy, there will be a sting of managers and staff up the food chain adding to the expenses.

There is a porcelain with a wood-grain look to it.

To those who defend it even when illegal, you might as well justify going into the store and stealing because you don't feel like paying for food...But even when, I consider it a lowlife and disrespectable way to go about doing things.

I like how the other serves food too!