That way he's already agreed to his UNEARNED INCOME in the event of theft and that you've informed him that you will REPORT ALL INCOME TO THE IRS.5.

I want tell my story but just image you and your spouse going to purchase your first home and your credit report is pulled and it is 9 pages long.

In order to accelerate your depreciation, a cost segragation analysis is needed which inclueds a site visit and all the items you mentioned plus more are itemized and included in the depreciation shcedule of 5, 15, or 27.5 years (residentially speaking of course).A cost seg company will also go over the report in detail with your CPA as part of the service.

My problem is that I have not found a realtor who is willing to share the expired listing report.

This is relatively low compared to other islands with a similar level of development where properties can sell for $500 - $750 per square foot.The good news for investors and absentee owners is that the rental income here is relatively high compared to the purchase costs of the property, especially for properties with great views and/or easy access to the beach, which can generate anywhere between US $2500 and US$6000 per month ( depending on the size of the property).

its good to educate yourself, but don't just sit on the sidelines waiting until you figure everything out.speculating is not an investment strategey, its just taking an uneducated approach, "i hear all the good news now its time for me to jump in.". you can't speculate and i think the poster knows better than that as well as all the views of this thread.

The GOOD NEWS?

Is there any good news out there?

Now with free annual credit reports from the 3 major agencies, it is a no-brainer.

The borrower must front the cost of repairs and then be reimbursed from the rehab escrow account at each of the five draws allowed.I think, with the current mess, they'll bring back the 203(k) loan for investors, but with more oversight features to (attempt to) avoid the fraud associated with investor loans.By the way, the news is that 50 new FBI agents have been added to a task force in Southern CA alone to address mortgage fraud.