Lots of bad things can happen and if you do not have the experience or financially abilities to ride out an expensive hold period, you will not come out looking pretty.

That's a nice turnover period, though I think you should remember all of this hassle and start interviewing other property managers.  

Neither the owner nor any family member will be allowed to buy it in a short sale, period. 

I'd really like to own a property in the city, mountains and beach so we can choose which we want to enjoy for any period of time we want!

. ;) But what if you could build 3x as much equity in the same time period?

the rental property was out of service for an extended period, Schedule E will reflect the costs for renovation or rehabilitation as repair expenses.

We also have two interested buyers who are going over plans now and we expect to have them under contract before our due diligence period is over.

The banks would need to pay that rate to keep deposits going into the bank and remain profitable by lending money out at higher rates.Some non-bank lenders might hold out for longer periods of time but the rates might be 100 to 150 basis points higher on the rate.

Hi Jay,There is no redemption period (props have already been through the courts).

I am hoping to get a little action from this mailing, but I am really hoping to get some momentum moving into next years tax foreclosure period.