I know by claiming a higher withholding that I am losing interest and opportunity costs.I earn an average salary for the geographic area I live and work, and I believe the reason I get such a large return is due to my dependents and qualifying for earned income credits.Once my wife begins her teaching career, I know those credits will disappear and my refunds should drastically shrink compared to the large amounts I receive now.

http://www.biggerpockets.com/real-estate-investing They just came out with this, it should help you in your ventures.

This type of action has been around waaaay before the SAFE Act.I'd guess that if an investor got caught in one deal, chances are good he'd lose his note as a slap on the wrist, no doubt, he can't let an illegal contract stand, if he's in a good mood and he's not ticked off, he may consider the equity of the situation.

Some are being marketed as turnkey ready to move in and collect checks, I know that's BS to begin with but after running numbers they are losing 150-200/month at their list price...

That will also help you weather any decline in values and not lose your property to foreclosure.

By the time you wash the walls, clean the carpets and wait to see if it still stinks, you may lose a month's rent, so often it is better just to re-paint and re-carpet.

If I refinanced I would get $230/month cash flow out of the property instead of breaking even/losing money each month.

The funny thing is that when I'm in the middle of trying to get a deal done...it becomes the most important thing in my life and I never stop thinking about how I can come out ahead..when I lose out on deals that i really wanted to make work,I go into basically a full depression mode for a few days.

I need to find out the average costs associated with this type of business..As I said I am just kicking around this idea and wanted to get additional input and feedback from anyone who may or may not have experience in this type of venture.Commercial RE is not my Forte and the thought of trying to find a commercial tenant every 5 or so years is not that appealing to me so I Thought if I can turn the space into my own business that kind for the most part run itself it would be a win win situation.I welcome thoughts and or things I may have overlooked.p.s. this business venture assumes the area is good and there is not another similar business nearby.

At least carry liability, unless you're cool with losing everything.