I have since surrounded these men as my council (sounds funny huh) and even find solace in Napoleon Hill's idea of more men such as Edison and Lincoln and the likes so as to draw upon their most meaningful qualities.

It appears the Stonecrest case was favorable for sellers and some of the subsequent cases are favorable for the IRS with respect to taxation.

I'm sure at some point my partner may want his agents to potentially list or sell the properties, but we will be drawing up a disclosure to have the homeowners sign if ever it happens.

Now a legal courts description of a finder is described as one who finds, interests, introduces, and brings parties together for a transaction – The principals themselves subsequently negotiate and consummate.

The leases are for 3-years renewable for two subsequent three-year leases, each renewal being at a 17% higher rent.3.

Back to the drawing board.TTFN,Greg

Being about the same age as your tenants (if college students) will have advantages as well as some draw backs.

Informing the lender so that the debt doesn't nick the seller's DTI ratio for a subsequent purchase helps here too.

I am closing one tomorrow where the buyer is getting all of his earnest money back plus a check for the first repair draw.

Second, we would likely draw more tenants through them.