Hi, l've been keeping an eye on Forsyth county as I'm liking the general positive signs of its growing population, good schools, lower taxes, close to corporate companies in the Alpharetta area...

As long as you surround yourself with the right people and the positive energy, you will grow as fast as I did.

Unless the property has phenomenal positive cash flow I would pass on any property that does not already have total seperate tenant paid utilities.

I'm not constricted in terms of location since I'm in a position to relocate based on the market I would like to invest in. 

I'm suppose to take over a landlord position on a home from my father, but the people who live there don't really know how to use a computer.

However, they don't sound as bad as I have seen in other situations.I would not pursue any type action over $225. 

Account Closed, I'm not a CPA or tax lawyer, but as I understand it you can't offset earned income over a certain point (I think $125-150k/year, not positive).

Prior to that, you may be able to get a loan based upon the appraised value, but it will typically be at a lower LTV which will basically put you in the same position as if it were based upon purchase price.

Otherwise refinance to pull out every dime, assuming it will cash flow, and rent it out.If it will not cash flow positive with maximum leverage you should be selling anyway.

However, oftentimes this is difficult to do in our market, so the option fee that they pay usually helps it so that we are able to get the majority of our money out of the property.The rest of the money we have left in the property we create 2nd position performing notes that perform at 11-12% APR that we sell to passive investors.