I grew up in household where my father owned 4 rentals, but quickly realized that could of been ran much better.

Here is what the following charts show as our current situation.50% of households now received at least one federal check monthly.Nearly half pays zero income tax (yes, I'm aware they pay other taxes but so does the other half already).50 years ago the annual federal transfers was equal to 24 billion in today's dollars – in 2010 that number had risen to $2.2 trillion in transfer of money, goods, and services, which was nearly a 100 fold increase AFTER adjusting for inflation!

Also should mention that almost none of the reputable brokers will not collect any fee at all unless a loan is successfully placed, and that is collected at closing. many of the household name life insurance companies will only lend on the higher quality assets owned by the top sponsors, but there are a number of lesser known companies who will do smaller and more traditional deals.  

However, I am start a contracting position in two weeks to help out with my household income.

Hi,

I just bought a a condo in a large building of 20+ condos, it is currently being rented out to a tenant. I am trying to figure out what my building / land ratio would be, for depreciation purposes.

How exactly...

There is currently a glut of condominiums on the market in both the Cincinnati riverfront and downtown areas as well as the riverfront areas in Northern Kentucky.

I thought Panama City, Fla was THE place to be with all of those high rise condominiums reaching the sky.

Not paying your condominium maintenance fees is also a quick way to get into a bad foreclosure situation.

She rehabbed all four to the max with an ARV of over 10 times her household income!

Then follow through, firmly but fairly with ALL tenants.You will have to judge your credit requirements partly on your current market if it is REALLY bad, but typically I require 3X rent for gross household income; some sign of stable, verifiable employment (or significant savings); no recent, or more than 3 MINOR credit derogs.