If your looking for knowledge I would recommend CCIM and/or the UW's "Certificate in Commercial Real Estate" - I've completed both and have been extremely valuable in analysis.

I have no doubt that you and Johnson will do extremely well during the next housing market downturn.I may have some good news to share in late Jan or mid Feb.....Stay tuned.

I'm using FHA financing and everything has gone extremely well... until now.Despite asking my mortgage broker on multiple occasions if I'd need cash for anything in addition to my down payment, inspections and appraisal, he has just informed me that I need 3 months of reserves (about $3,500) in my checking account at closing.

If you took the title but you reinstated the 1st and made payments, it is extremely rare that they would do anything.

The only time you should skip contingencies is if the property is extremely discounted and you know it needs major repairs going in, maybe a flip or a cheap foreclosure, otherwise always do inspections.

For me, I felt noticeably different for several months and have no side affects today after extremes short term exposure.Needless to say, I'm a big advocate of CO detectors being prevalent in the house and being wired in with battery back up.

So the next day, sort of knowing where to look, I point my camera to that spot and took some more pics, and one of them showed me what I needed to see.Zooming in...So...on the bottom side, several (that I can see), I know I am looking at a pipe at the end of it's life, and I cursed whoever made DRAINO, out loud.

There certainly are alot of people on the forums who are basically thinking out loud (or typing out loud) when they post.

I think this too is extremely helpful because trying to communicate your thoughts and ideas from your mind can be difficult especially to a GC or a sub.

I didn't say the loan proceeds would be taxable, although there are some extreme cases where it could be, I said the interest may not be deductible.I'd start with a good conversation with a CPA familiar with the regs.