I was beginning to think that this "back-up bid" stuff was a bunch of crap, cause I've never had one of mine accepted as a back-up (even though I always indicate that they can hold mine as a back-up).  

Using security deposit for repairs: Do you mean do we deduct cost of repairs after they leave (caused by them) from security?

The tenants didn't cause any problems, they were just old (not the tenants). 

Let's hope this public discussion will cause the portal to do the right thing here now and in the future.

Would that cause any challenges for the person who is buying subject to?

In fact, in a lot of ways, it isn't specifically the fact that I was involved in real estate investing that was so alarming to him, the whole idea of investing outside of traditional blue chip stocks and mutual funds was completely foreign as well, and had I said that I was day trading Forex (I'm not, but know people who are successful doing so), had he the slightest clue of what I was talking about, he probably would respond in a similar manner as to what he did with my rental property business.And had I been interested in starting a sandwich shop for example, certainly that also would have caused a certain amount of discouragement from.  

In the North.....the proposed expansion of Inter-Continental Airport has caused stagnant growth in as many as 6 to 10 different communties as homeowners wait in limbo wondering whether or not they will have to drink the imminent domain Kool-Aid.I actually live north of Houston in Conroe.

Not being there can really cause some anxiety when things go wrong.

Prohabber, The current company I teach at tracks statistics like, "most common causes a house reaches foreclsoure."

I've been warned that doing too many buy/sell transactions may cause the IRS to designate me as a "real estate dealer," and force me to pay self-employment tax of 15.3% of the first $72,600 of income.