If one of those guys gets crippled falling off your roof, and he doesn't have disability insurance, guess who gets to support him and his family for the rest of his life?

I'm guessing I'll be close to the same $25k figure.

And I guess I need to download and study Schedule SE for the Self-employment tax?

i did read that before, but i guess i forgot.their has to be someone trying to wrangle that mess.

I guess you don't have any obligation other than the 30-days, but I figure if I can be nice to someone and it doesn't hurt me - then why not?

Im currently trying to figure out how a rehab loan works in todays market.Im trying to short sale a property with an ARV of 160,000Ive got rehab costs at 55,000I would Payoff the current lender at 60,000Im guessing i need about 15,000 in a Down payment (figuring 10%)Im accounting for 5000-7000 in holding costs (4-6 months)And i would walk away with 20,000So im guessing i need a rehab loan for 140,000?

The house is in the beginning stages of forecloser and the owner threw it on the market to try to sell.Look at the property history:Book/Page Sale Date Sale Price 14390/46 8/3/2004 239,900 13709/533 10/24/2003 99,900 3540/0280 10/8/1970 2 16862/0227 8/13/2007 226,950 This tells me it was a rehab at one point.My guess, without doing further investigating was that he couldn't rent it out, and make any money, and now he's forclosing.

I guess that unless someone has had a seller pay them to take their property - you're the winner!

Guess I am just use to IRC where you can idle forever :P

I guess I will put that one why back on the burners and see if something else more enticing comes up.