They know the difference between a landlord who pays attention to detail and takes care of business, and one who doesnt.

I didn't realize that the prohibitions had anything to do with exclusivity but ok.2 And as J Scott indicated, it is still up for question as to whether this is ok with the IRS.I look forward to hearing the details of Jscott's letter and his arrangement.I see that 1 part of the equation is to have the C Corp create the 401K and have it buy the shares.

I have not yet rented to Section 8 tenants, but have had so many inquiries from people with vouchers that I did investigate some of the details.

In the operating agreement you can define in detail the roles of each party and whether or not they can be involved in day to day operations.

Do you have details about how this worked out for those who chose to keep the money rather than rebuild?

As they say, the devil is in the DETAILS!

Bill Gulley - having read other posts from Eric, Eric Michaels is already an experienced sheriff sale buyer, so he kind of knows the basics; he was trying to get specific details for Indiana, from somebody who might know Indiana.

Get the details and understand the risk.

. :)Hard to say without knowing all the details of the appraisal, but it looks like there might be something there in this deal.

I always check www.Loopnet.com, CoStar (very expensive, but detailed) most agents will not have this on the residential side.