I went to college, not that is mandatory, and I got a business degree that emphasized real estate.  

I did get a college degree that emphasized real estate.  

You should also emphasize this in the lease, that they are all jointly responsible for any damages that occur.  

I want to pick your brain on this one to strategize how to make it work...Thank you also for emphasizing how important it is to pencil out the long-term financials and get "your people" trained on how to launch and manage a property from A to Z.

:lol: I must have heard this comment about tax breaks a million times, and while I agree that the tax breaks shouldn't be over emphasized, I think this comment some what distorts the tax benefits.

I got a college degree in business that was emphasized in real estate.  

First, Scott hit on a number of very important aspects of the financing and I will only re-emphasize that the financing package you are getting is very "ok" especially with a balloon after only 5 years and only a 20 year amortization.

But without those provisions, many senate republicans won't vote for it either.It's entirely possible that no tax legislation gets passed at all or, at the very least, what we get is a broad sweep of tax cuts for businesses, but none of the smaller items which impact individuals.It's still a crap shoot at this point, emphases on *crap*.

I can't emphasize enough what I mentioned in my last post; a team on the ground that you can trust, has a great reputation and most importantly, specializes in working with out of state investors is critical to saving time and money.

For example: When mailing to absentee owners emphasize how you will get rid of their rental problems.