Note that a change can be anything such as pictures, description, price, open house, and status.3.

Active Income - Passive income, from rental real estate, is not subject to high effective tax rates.

It was a foreclosure, owned by the Resolution Trust Corporation.

I was looking at brokerdirectmls.com because they only charge $149 for 10 pictures plus the listing, then I noticed in the small print that they also charge a small % of commission on the sale.

No one even mentioned it being too high.

I would highly recommend being as up front with any lender you work with and to find a broker/lender/lawyer team that is all on the same page from the beginning and are familiar with these types of transactions.

(granted, the land was 50% of that... but the investor walked away with a nice 6 figure profit and never had to pick up a single hammer)As a reference, I made my living as an RVP/General Manager for one of the largest Manufactured and Modular home companies in Florida and specialized in both high end modulars as well as "Mobile Home Park" turn-arounds.

.- highly appreciated!

I would also qualify it on no damages that exceed the security deposit.Hopefully you have detailed pictures before renting, and is a good reason for regular inspections to check that HVAC and other equipment is functioning properly, and allows inspection for damage from leaking roofs, etc., as well as tenant damage.

I highly recommend DFW Landlord Services for a lot of this stuff.