Also, is it possible for us to have him convey the deed as a limited warranty instead of a Quitclaim, without starting the quiet title process?

Yesterday we received startling news that a High Voltage power line is set to be installed in CLOSE proximity to our potential investment property.

Property located in New Mexico, very rural, very limited in choice in repairmen and no property managers.

It looks like it receives power from the main house, so it would have to be permitted, no?

One problem I could see with this is that depending on how much longer you plan to move around you could reach your limit for being able to borrow for more properties and end up renting where you are stationed instead of owning.

But you don't have to do it in such a way to limit your active investing.Use refinances now while money's easy to separate your debt from cash properties and personal from business.I'm guessing that IN has protections for homeowners and your primary residence. 

But an unsolicited offer for purchase with a back story like you described is a powerful piece.And you have also reported that property on your Schedule E I'm guessing on two consecutive tax returns. 

And does this limit what I can apply these funds towards in the future? 

Drama potential and high owner-paid power bills.Flips/recent reno's scare me. 

Hello everybody, I am trying to work up my first deal in Quincy IL, which holds about 60,000 people. I'm very new to the idea of Real Estate Investing, and am driven to make it profitable while working full time. Sinc...