The $500K exemption might not be enough for a lot of people...this is why this is all so regional  many parts of the rust belt the values peaked 20 to 30 years ago and have been eroding ever since.. so get that they don't have the same upside all the west coast folks have .. nicely bought west coast properties especially if you built them yourselves will be plenty of money you don't need rentals.. you get tax free money when you sell then keep rolling it.. that's what many builders do .. and I know I have done it 6 times since I bought my first home in Silicon valley in the late 70s.. and I am just one of millions of other west coast owners who have done the same.. and of course those that bought rentals on the west coast plus their homes have serious equity.. those in the mid west or rust belt the only value proposition basically is cash flow and number of doors since they really don't get or have gotten meaningful appreciation..  

We have lived rent free that whole time, currently equivalent to about $40k/yr in rent, and now have around $100k cashflow before non-routine maintenance and repairs on a rent roll of over $200k, with a net worth of around $4m.Number of doors is not everything.

My boss is a GC and he rolls his fees into the rehab project as part of the partnership profit in the deal.

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I'd be very interested in seeing some replies to the above question as well.Notes seem very difficult to keep revolving to the point where an income stream was steady.I've done 6 HML's in the past 2yrs, and each one took alot of effort to find and arrange, and the time while the $$ was out is pretty high anxiety.I love the concept of notes investing and would rather use capital in that sense since i'm in the camp of preservation vs building but it seems very difficult to get the ball rolling.

You will need to be sure that the adhesive edges are pressed firmly(I've even thought about rolling it) and that there is a space around the perimeter of the floor for it to float.The issues that I have had in one particular unit was that there was an area where the surface was worn down due to repetitive movement.

I sure won't be rolling the dice with my hard earned investment dollars and my tenantsI do think it's fine, however, to do occasional nice and not-necessarily-required things for good tenants, to build and keep a good relationship.

If you're an investor wondering why agents won't work with you, its probably because they're listening to articles written by guys like this and because they're an agent and they have an article on an agent site like activerain.com it must written as so :roll: http://activerain.com/blogsview/1550906/are-you-involved-in-short-sale-fraud-here-are-the-warning-signs-

Okay, what you need is following: - rent roll last 3 years - approved profit & loss of the last 3 years, the last 12 month in detail - property statement (needed maintenance, shape of the units and the building) any violation/permit from the city - the complete unit mix (how many 2 bed, 3 bed and so on) - todays occupancy - market rents for the units (yes or no) - is the property self managed?