It may be easier for you to start small, perhaps buying a single family house or a duplex and slowly trade up as you progress, but one thing is for sure...you cannot be a bleeding heart or you will bleed money at an unsustainable rate as you are taken advantage of.

Please keep us informed as your progress.

So the more your accounts "age," the more your scores may recover. I

With many markets being down and now starting to recover I would put money toward and investment first.If you have a really high interest rate then refi to get your rate down and reduce your monthly debt service.

I'm definitely enjoying seeing some progress, Gary.

Reason not to give possession prior to closing.But then you could look at other options as things progress.

You want to work with a company that will help you qualify buyers, perhaps even do an affordability (Debt-to-income ratio) analysis, keep you informed of the buyer/prospects progress, provide not only credit repair services but give you an opinion of how long it will take for a prospect to become mortgage ready.

Very few have the manpower and forethought to develop a strategy for keeping you up to date each month so you should at a minimum expect to be keeping up with them to monitor the progress of your properties.

The allowance is an additional deduction of 50 percent of the property’s depreciable basis (after any section 179 deduction and before figuring your regular depreciation deduction).Property that qualifies for this special depreciation allowance includes the following.Tangible property depreciated under the modified accelerated cost recovery system (MACRS) with a recovery period of 20 years or lessWater utility propertyOff-the-shelf computer softwareQualified leasehold improvement propertyQualified property must also meet all of the following tests.You must have acquired qualified property after December 31, 2007, and before January 1, 2009.

It's still a work in progress but I'm pretty happy with how it's been coming along.