I had loaned him some household items, and he has several dishes in his room. 2) He has stated in email and text msg that he plans on removing his things on Monday 2/25.

Larger properties bring you economies of scale, more stable cash flow, but, typically, less appreciation than a residential (1-4 unit) property (because they are run like a business) ... though in TO, with its condominium addiction, there is plenty of speculation on larger properties as well.

The details are as follows: DETAILS: (From Owner) I have decided to sell my 17 condominiums and one 1st mortgage note against the 18th unit (73K is owed to me now unit is worth 40k .)

A dwelling-house, as such,contributes nothing to the revenue of its inhabitant; and though it is, no doubt, extremely useful to him, it is as his clothes and household furniture are useful to him, which, however, make a part of his expense, and not of his revenue.'

This sounds a lot like what many agents have told me.... but not what investors/banks are saying.US Median Household Income 2001-2007 UP 70% Could you cite your source for this?

Can Section 203(k) be used to improve a condominium unit?

The only thing I can suggest is to go and have a sit down with a couple of different management companies that specialize in managing vacation rentals and gather some information from them.There are a lot of vacation rentals in my area, but oddly, even though I know a lot of people active in several different areas of real estate, I don't know anyone who has vacation rentals (except for one friend with a B&B, and that's not really the same thing).The only thing I know about vacation rentals is that they are extemely management intensive and the management companies charge a substantial fee.You have turn over every week, and someone has to be there to clean, repair, asses damage, and inventory all the household items.

The investor is looking to purchase his 5th unit of a 10 unit residential condominium complex.

We went from a two income family supporting one household TO a One Income Family Supporting 2 Households AND Guess who That was?

You get the sex you want, no kids, dual income household, you're both either from venus or mars, maybe less drama and you want to screw that up with marriage?!?