Hope everything works and no surprises.

I was surprised when I asked her if I could contact any current members and she no.

Total value of the real property (equipment) was far less than $100k while everything else was intangible property, but the buyer offered close to $900k.The buyer's lawyer wrote up a purchase contract (that had several convenient loopholes by the way) and apparently my brother did not have a lawyer look it over before he signed the contract.Prior to the transfer of money, the buyer asked my brother to sign two 1031 forms for almost a million dollars.

The depreciation issue, being a non cash flow expense, was not thought out by the folks in DC ( big surprise) when they did this healthcare reform and will be revisited again I am sure.

Because I'm military I mainly bank online but if I were able to establish a local branch bank that was convenient to my tenants and just transfer that money to where I need it online that would be great.A lot of these problems result from being a long distance landlord and being across the country from my properties, but I'm glad I can figure out the best method of doing business now so when my portfolio gets bigger I can maximize efficiency.

You'll be surprised how soon you can have your dream and it's be better than trying to marry the dream and business.

The whole issue took thousands of people by surprise, including me as my personal residence is on a flood plain.

@Erik Palmquist Thank you - I was just on the HomePath site and actually was surprised to see some great properties (as far as location, size, and price).

I am wondering if you had a recommendation for a regional Texas (Houston) bank that provides convenience through technology from basic (online bill pay, ) to advanced (payroll, check scan, etc).Because of my travels, I would prefer to manage payments (to suppliers, to employees, etc) and conduct business more remotely.I would like to avoid bigger banks such as Chase, etcThank you,Mo

I looked over some of the class and was surprised how little of it was related to actual, real life, real estate.