I read on here about everyone over extending themselves, in hopes that when they get their property ready for market, first they can get the value that they hope out of it, and second that they can sell the property in a relatively short time.

Dubai’s relative autonomy will come to an abrupt end.†The emirate’s push into luxury property developments and tourist attractions was diversification on “paper sand,†said Davidson, a professor of Middle Eastern affairs at Durham University in the U.K. ‘Nasty Downturn’ Real-estate prices may drop 20 percent or more, analysts at EFG-Hermes Holding SAE, the biggest publicly traded investment bank in Egypt, said in a report this week.

Late fees, fines/citations, water/sewer, and finally rent.As an aside but related... we implemented a rigorous move-in, safe and clean, and move-out inspection system that protected us 100% when standing before a judge.

At the same time I can relate to "i really want this one."

They move in with relatives or with other friends that also can't afford the rent alone.

Ive heard people comment on using them, but is everyone talking about wealthy friends and relatives?

A forensic loan audit is the examination of a loan from the time of application (and can include letters, say to provide a certain rate of interest to intice a borrower to make application) and related documents, called source documents to ascertain compliance with applicable rules, regulations and laws.A forensic audit is not necessarily done by an attorney, and usually not unless they have an accounting background.

This website is an excellent place to learn and discuss different topics related to real estate.

Is there anyone who is currently in school for any other course of study that directly relates to their real estate business?

In my SS, I 'm dealing with the relative and not the seller.We will be using rent credits or rent deduction since it is a multi family.