Because someday the P & I will be paid off where as the T & I is a continual expense for as long as you own the property.You seem very experienced with cash flow analysis, thanks for your insight.

This is a great site and I am glad I found it.Needless to say all of this brainstorming has spawned another question related to determining a good deal using the method described above and by other more experienced forum members.

I currently work as a Contracted Test Engineer, so I attend many meetings with different companies.

Any advice from you experienced rehabber's and not so experienced I look forward to reading your comments.

I'll be sure to bring up the issue with an experienced accountant/tax attorney here in MA.

You need a little insight to see that, though.And unless you are extremely experienced in major rehab projects, I would highly recommend that you not jump into a downtown renovation.

I was just looking for some kind, experienced folks to share their thoughts, not for someone to tell me and everyone else that responded that we are all wrong and they are right.

I would really appreciate all the experts and experienced investor out there to help and guide me as I am starting my investing business.

As an experienced investor, I almost never get "comps" because my opinion of value is more accurate than that of any realtor or appraiser.

It's great to see how an experienced investor can balance the goal of making money with integrity and honesty.