Not that you are doing anything like that but you can see how it could be mis-interpreted if not clearly defined what your role in the transaction is.

Darren Sager I will definately try my best to keep pictures updated.

Such values may be within the range of value but no one knows what a market value will be on a certain date unless it sells and the transaction arises out of those constraints used to define market vale.

I'm working to define my business plan, and the more I learn and think about it, the more it appears to me that leveraging the practices of wholesalers (direct-mail, flyers, email) to strengthen the numbers of a buy-and-hold strategy makes sense.

In fact, I fail my way to success.Failing does not define me.

The different types of brokers/agents should be defined in statute.

There is typically no "splitting" of the debt and income as you suggest, except in defined instances such as when you are an owner-occupant of a multi-family property such as a 4-plex.The NCF is computed most readily by going to the tax return from the prior year, start with the bottom line for the property, then add back depreciation, interest, taxes, and insurance.

With people like that I typically look at where they are coming from, learn what I can from them, and try and see the good and bad in what they are doing, and consider it just another experience.Life is full of heartaches my friend...it's what you do with them that will define you.

How long has the tenant been there, how do you define "good"?

So define as a family what your wife is comfortable with and make sure she is included and in agreement and play out all the things that can go wrong with renting out properties.