I was spending too much time on a deal gone sour , when it could be time spent talking to sellers and doing more marketing to find more deals.

Price it to rent RIGHT AWAY, stop trying to save one while spending ten to get it.

I don't live in Houston, but I work out of there and spend more time in that city than I do at home.I'm thinking of buying a place up north (Spring, Woodlands, Kingwood) and live out of one room while I rent out the others.

If you spend a lot of effort on focusing on the challenges rather than solutions you probably are going to have a more difficult time moving in the direction I think you want to go.I know this may seem like kind of a vague response but it is extremely important to be honest with yourself and figure out why you want to do real estate.

Spending $199 hoping to make a million.

As a buyer, it doesn't make sense for me to spend $300 on an inspection and have you the wholesaler write a contract with someone else before I can submit my contract.What is happening in our market, is wholesalers aren't allowing inspections, want a non-refundable deposit, and in Bienes case, a large one (this is assuming that it is a lower cost property).Is there a solution that creates a win/win for both parties?

Enrie, Your best bet is to spend some time on the site and learn more about the "flipping" side of the business.

I would look where the commercial investment is going and where the town or city is spending their money.

This is not taxable income.If it is on a rental property than he needs to spend the total 13k replacing the property within 2 years of the year the insurance paid.So if the property burned December 31st, 2010.

If you are hoping to keep the locks to be rekeyed, chances are they are not that great of quality of locks (most are not unless you spend >$200)and can be eazily picked.