Since we are selling the property within 90 days of our acquisition.

In most cases they are losing a chunk of money when they finally throw in the towel.

Finally, I would look to make real cuts to our budget and everything would be open for discussion, including military spending, social programs, etc.

While I love Sub2, I wouldn't ever sell Sub2 myself(I think its more viable as an acquisition strategy personally).

If the divorce is not final, then he might have to keep her on the deed and mortgage until the court resolves it.

Without someone skilled at acquisition your profits suffer.And as J pointed out, it could be worth more than 50% if the active member is that good.

Based on my pay/allowance calculations, I want to keep my purchase price below $215,000, to leave room in my budget for renovations/repairs/taxes/unforeseen expenses, and will base my final purchase price on comparable rental properties in the area.After 3 years, I would classify the property as an investment property, and hold under an LLC - relevant laws permitting, I would be my own landlord.

Hey Tod Radford -- We've got a tenative schedule, but I don't want to make any announcements yet until we're as close to finalized as we can get.

Then when I found they give a file of the final results online so I can study what people won, amounts of interest that were bid in certain areas, etc. - I was sold on online auctions.Now it does help that I get to the area I invest in every 18-24 months, so I'm familiar with the area in general.As for the interest rates - yes the really nice parcels go for less rates, but you can find really great parcels for good rates.

Just hit it with primer as your final paint finish.