However, this strategy was changed with the passing of the 2008 Tax Act, which amended Section 121 of the Internal Revenue Code.

If it has been poorly run you might have to deal with an enormous PIP on the property which can cost millions of dollars in both lost revenue, time, expenses, renovation and FF&E.

In my case the evictions were handled by the sheriff's office.

And make sure you include a copy of the FHA Amendment (the loan officer should be able to provide this).

I also have spent time as an appraiser, loan officer, and insurance agent.I look forward to getting involved in this great website and learning and contributing a lot.

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.'

But if anyone had any information about these books i would appreciate it.I do not mind doing my due diligence.. but if anyone could lead me into a direction of finding more information about the foreclosures from my home office I would appreciate it.Thanks!!

The loan officer writes this after checking the numbers.

I currently am in an admin position at a Hedge Fund, and have worked in Real Estate Commercial Development/Property Management for a few years, but also as a research assistant/ admin asst/ office manager.How do I leverage my skills to get out of Admin?

You want to visit their offices in your area, where you'll get more info on landlord/tenant laws. you'll also be able to get on their list of Section 8 approved properties.