Like I said I don't know much about it but I know enough to either just forget short sales and go the REO route OR if someone contacts me that is going to be over that time limit, refer them to a Realtor that can help them (of which being new I don't have anyone that I could recommend so calling all RE agents, this is a relationship we could foster that could be a win-win ...

The long shelf life appeals to me.I looked online for feedback on this food and didn't see any.

That means your comps need to be similar to the subject or if a comp is used that is not similar, the adjustment can not exceed the adjustment per centages (10%), when you have two that are not similar your total adjustments will usually be exceeded.That basically means that burm and underground homes are rarely financed in the secondary market.....I know, I did two of them and it was like pulling hen's teeth, as I recall the LTV was 70 or 75% too.So this will limit yoiur market to cash buyers or those obtaining portfolio bank financing usually at a low LTV, forget about selling to the average family with 10% down.To get rid of it, you may need to seller finance it long term.

If you have limited funds to start with perhaps mobile homes would be a place to get your feet wet without having that much money at risk.

When he retires, he can make payments from 401K distributions, and can pay it off right away if he wants, though I might spread it out over a few years to minimize the tax impact from the distributions (keep him in the lowest possible tax bracket).I see no reason to borrow from the 401K (which is typically limited to $50K and would necessitate monthly payments around $900 to pay it off in the max-allowed 5 years).

Section 14 (Occupants) says "the number of occupants is limited to two adults and two (2) children" ... the "two" is even highlighted in yellow.Isn't this a discriminatory phrase??

I'd think it's a good practice (and a service) when you point out the limitations of someone's exit strategy.

Is there a time limit on just how long you must remain a tenant?

Bill - I might add that the stragtegy you ultimately choose may depend on the lifestyle you want to create.

That's the same thing as Iran, gotta recognize this is America, you must allow others to enjoy thier freedom just as you do.Ryan has spent his whole political carrier trying to invoke limitations to, and eliminate, abortion FOR ANY REASON.