From what we have gathered , it seems that the most tax efficient route is to hold long term investments and short term investments in separate entities but we aren't sure which entities to hold them in (LLC, S.

We also have a little higher turn around rate (a double edged sword) but we believe this allows us to better keep pace with the market, minimizes potential for damage, and demands that we be efficient in our management (a good discipline for the future).Any more thoughts?

BTW, I usually have tenants sign a one year lease, but switch them to month to month lease if they have been late in paying rent or if I filed for dispossessory at least once during the first one year period.

Here is one of them:http://www.biggerpockets.com/forums/51/topics/113518-dodd-frankSome states are a little more flexible especially for one seller financed deal in a 12 month period but I believe California does not have that excemption.

The banker ran our credit, looked over our personal financials and said as soon as we had a PA he would get the ball rolling for a quick approval. 90% LTC, 80%LTV at about 7%.So we wrote an offer for $280, which was countered at $295, which we accepted with a 60 day inspection period and sole right to terminate.

The agent will have to monitor redemption periods, evicitons, schedule rekeys, winterizations, repairs, etc.

The lenders may also have seasoning requirements that dictate a certain period of time you must own the property before the refi.

$115k asking price.It also specifies the size and number of the units and we know it is in Dayton and needs a rehab so I'd expect we could prob use the low end of the rent range for 2 beds, 1 beds and an efficiency in the Dayton area. 14 2-beds, 2 1-beds, 1 efficieny.The two big unknowns I see are "why is it completely empty?"

Here is my question. I am reviewing at least two dozen multi-family units per week. I have a few realtors that are throwing a lot of garbage at me and I am trying to weed through the mess. Some of them are incorre...

That we were in a period of Global Cooling.Now if you will excuse me I need to climb under my desk because the SKY IS FALLING again.