It makes life so much easier for the people willing to learn!

Call the local social security office and ask if that numer is valid for that person.

I will make sure going forward I provide a carbon monoxide and smoke detector as a back up even if I have a hard wired system.I can handle losing a house but would never get over a loss of life.

You accountant can help you with setting up a cut-off amount for checks to be written, (consider the balance of the account for a prudent cut-off amount) you'll make life easier for one to buy smaller items.

That would mean my equation would look like this for a property that makes sense to buy:.91*[(R*36)/2] > (Acquisition + Rehab)So, after doing some number crunching on some real life examples (assuming 9% property management fees and the 50% rule), it would appear that dividing the rent amount by .061 I can come up with my max purchase price.

Owe for the rest of your life!

You could apply for another property and assume the other property after you buy.All a legal seperation does is allow you both to have a life and at that point not be responsible for each others actions or have claims to property acquired.

That will be job #1.You might be able to get a conventional loan, though you will likely have to check with numerous lenders due to the small loan amount.

What economic life cycle should be expected, how long is the payoff and break even not just for tax payors but for those who choose to do business.

Rick: if you are at a place in your life where you can make this work you have an opportunity for great financing no money down and the numbers look doable.