Your down payment is you buying the initial equity. 

Upon sale, gains are taxed as long-term capital gains, calculated as the sale proceeds minus your adjusted basis (initial investment reduced by any return of capital).

I recommend you pay him the final amount, but get a lien release, in advance, that says if you pay him this final amount, he will have been paid in full for his work and no further liens can accrue.I believe a mechanics lien once filed generally initiates a court date to substantiate the claim.

I've been running into some trouble/challenges when it comes to being comfortable talking to sellers i.e. on initial/introductory/cold calls and sometimes in appointments/meetingswhat are some tips you guys may have on this.any links to relevant/powerful scripts may also be helpful as well (i.e.

I decided to look at other states because NJ needs a larger initial investment since house prices are higher here. 

If they pass that initial trial period, I offer a 6-12 month renewal. 

My view if/when 10yr yield rates come back down to sub 3.75, there'll be a lot less dry powder on the sidelines after the initial euphoric lift which may be influenced by seasonality but will not show any real course of duration.

The minimum "initial" lease term in Atlanta is 2 or 3 months, so they don't qualify as STRs, and thus don't have the same regulatory issues.

Actually, it is the President who drives tax policy. there has never been a major tax bill that was not initiated and supported by the President that I can recall.

Out of the areas in KY that is not one I would have thought would be on most out of state investors radars.I am still in the initial stages of my research, but Owensboro made into the list while choosing candidates based on cities with diverse economy with significant industries for an LTR.