Im not opposed to selling to a rehabber or anothe rinvestor, but would rather simply sell to a retail customer at a deep discount (relative to my price).

I like biotechs and health care related companies.

This hoa is relatively reasonable so far, I have personal reasons to sell out of it.

That tenant was able to run up a $4K-$5K gas bill (that of course she wasn't able to pay), because law prevented the gas company from turning off the gas during the winter (because the tenant had a newborn and an elderly relative staying with her).The point is I agree 100% with Mike, Rich, and the others about tenants paying their own utilities.

I am a relatively new investor.

This definition of UBIT taken from IRS publication 598: "... if an exempt organization regularlycarries on a trade or business that is not sub-stantially related to its exempt purpose, exceptthat it provides funds to carry out that purpose,the organization is subject to tax on its incomefrom that unrelated trade or business."

These forums are great for many things related to Lonnie Deals, and once in a while real experts like John Hyre posts tax advice here, which is well worth paying attention to, but, to the best of my knowledge, very few true experts on lending even know this forum exists.

I'm on here to soak as much as I can so I can hopefully be as prepared as possible going into the field.Other than seeing my stocks tank the past few years, I'm relatively new to investing.

Probably duplexes at first.Just poking around craigslist I can find duplexes relatively cheap (think around 20k) but obviously need some work.

The problem is that i cant relate what im reading to real life scenario