One of them supposedly has a seizure disorder (she works full time), and they are continuously playing the "disability" card.  

You also must reinvest in one or more replacement properties that are equal or greater in value based upon the Net Sale Price (Gross Sale Price less routine selling expenses) and not based upon your profit or gain in the transaction.

So, student #1 works on a ranch in South Texas and guns are routine and necessary.

Surprisingly, I ran into @Mike Roeder (an apartment investor I know from the Twin Cities area) as well as one of the apartment wholesalers that I routinely see deals from.

Has had a condition that qualified them for short term disability.

@Juan Rubio nice thread :)My goals for thsi week is to get back into routine after being away for Passover with family.

This is basically a threshold test (if total expenditures are under the threshold you may qualify).3) Routine Maintenance Safe Harbor.

Debt assumptions, vacancy, concessions, bad debt, every line item of expense, routine capital improvements, how much money is raised, all of that will impact the returns that are calculated.  

If they’re taking care of routine maintenance in that 10% it could be a great deal.  

The unscrupulous investor will:Have the homeowner sign a Quit Claim Deed in which the homeowner signs over their ownership in the property.Fail to explain to the homeowner that they, the homeowner, are still responsible for the mortgage.Fail to warn the homeowner that they could be violating their “due on sale clause” with their lender.The homeowner is usually elderly or part of an at-risk population (English isn’t their first language, disability of some kind, etc.).The Division advises the following when it comes to these types of rescue transactions:Don’t sign any documents or a deed to anyone until you have had a chance to talk with your lender and an attorney about your mortgage obligations and your legal rights.Colorado has a Foreclosure Protection Act that affords you certain rights when you are financially distressed.It’s best to take proactive steps when you first start having financial problems, and here are some resources that you can contact:Colorado Housing Connects – Colorado Foreclosure Hotline – Colorado Bar Association “Find-a-Lawyer” – Colorado Legal Services – Disability Law Colorado (Formerly The Legal Center for People with Disabilities and Older People) – Subscriber Services:Manage Subscriber Preferences | Help POWERED BY Privacy Policy | Cook