Also, $5600 this year should you incur uninhabitability (let's hope you don't) is a lot more powerful to invest than $800 wouldn't you say?

Work your power base.

Knowledge is power.                                

It spoke to me because unlike the other high-powered investors Mark has inverviewed, Yarber was a regular person with a regular job who started very small.Like me.I can thank Michelle Yarber for turning me on to BiggerPockets.

I don't have power to the property yet so i need help or suggestions on how to secure the property.

This way I never need to worry.The battery-powered keypad is absolutely vital should wifi, internet or apps fail.

For the purposes of section 1033, the term “control” means the ownership of stockpossessing at least 80 percent of the total combined voting power of all classes of stock entitled tovote and at least 80 percent of the total number of shares of all other classes of stock of thecorporation.(2) All of the details in connection with an involuntary conversion of property at a gain (includingthose relating to the replacement of the converted property, or a decision not to replace, or theexpiration of the period for replacement) shall be reported in the return for the taxable year or yearsin which any of such gain is realized.

See one thing that I have learned in life, you cant give your spouse (man or woman) all of your power.

You lose your negotiation power.

Depends on the work required.After I did the first "owner held" deal there was a learning curve, things to iron out are the agreements, making sure you can secure the deal (deeds in escrow, hint, hint) so they can't back out, solid numbers on payoff, closing costs, accrued interest/payments to carry and who pays, materials and labor, power of attorney if needed, insurance and commissions if any.