Trying to do something other than a straight up short sale is what will get a "buyer" in trouble, ie. sub2, lease option/purchase, etc.

If you bought it from her then sold it, you'd be paying straight income tax on all the gains.

Tenant doesn't pay and you can get the 5-day done.Then you can call the attorney and get the eviction done.Then do go straight to the sheriff?

I then head straight to the bank.

If you are talking about getting the properties straight from the banks you would need to show them that you have experience and would need to build a relationship with them.

Or do I have to use straight line depreciation on segmented stuff?

But be sure to do quarterly inspections- kids straight out of the dorm don't always have the basic life skills (cleaning, etc...) that you would assume they'd have....

Lease options must only be structured by a straight lease with a straight option and no balloon, seller is not allowed to seller for more than his purchase price but is allowed to cash flow, count monthly rent towards purchase price.

That one was straight forward otherwise.

@Jeremy Knox Ok, let me get this straight, if, IF the realtor really said EDM, and if, IF, she was really serious and it was not a slip of the tongue....ahem, I would say you probably need a new realtor.