Free heat to a tenant means 80 degrees in the dead of winter with the windows open.You can't even begin to compare a typical 3BR, 1BA owner occupied home's heating costs with a 'free heat' tenant occupied home.Go to a buffet sometime and see all the waste, then think about all the heating fuel that will surely be wasted by a tenant that is not on the hook for heating costs.Don't even consider it.

Some of these items, like cabinets and carpets, can be depreciated on a faster schedule than the 27.5 years that applies to the house as a whole.

:kewl: I'd rather give back to BP Nation than shoot craps....Thinking outside the box can help you sell houses faster.

Basically I want both rent payments to go to the LLC to pay off the mortgage faster.

If i do the bathroom it's probably another $8-10, but it will sell faster i think if master is on main.

Basically, I buy a property lets say at 100k and I put down 20% and they finance the rest.I believe as Will said on his other post that rehabbing would create more money faster, but since I have this type of relationships with the bank, is it still better to rehab?

That sparked the interest and a lot of training fueled it.I love finance and modeling so real estate is a natural fit.

Looks like no one is vouching to pay-off mortgage faster?

Tim, exactly what I did last week, but with Zillow, like it better cuz of 1,7. 14, 30 days listed option, its mapping and flexibility, I think it's also faster than realtor.com, just a little advice!

$4500 sounds high, and the fact that it is Sears tells me to expect prices to be high.No way to tell if the value of your house would go up and by how much, but I'd bet that it might sell faster if it doesn't have as many problems for a new owner to solve.