Trendy high end condo type houses would logically command a higher sales price, and even if the profit remains the same, I'm sure the properties will move extra fast if correctly priced.

I invest my extra time in my MLM business.

Wonderful Tom-I just read a course about corporations and such and it mentioned much of what you said and I think it is a good idea to let people in on the info and truth.

Paying a bunch of extra taxes to make your tax return look better is not necessary or desireable.

If you don't accurately account for all theses expenses, you will join the majority of newbies in this business who crash and burn.The truth is that throughout the United States, operating expenses run 45% to 50% of gross rents.

* What would I do with an extra $500 or even $5,000 a month in cash flow?

I moved this over to the rental property forum.The truth is you're unlikely to see any money even with lawyers and courts.

I inform my seller that I may not be the one closing on the property & I use it as an extra precaution.

If you are pulling down $2250 a month but are willing to accept $1000 per a month, why not take that extra $1250 and reinvest it each month...

About 5 years ago I went after that extra weight and have easily kept it off.