I shared about self directed IRA's, I sent him a link for a self directed IRA website, and he reminded me of his personal preference as well: he likes to talk to people in person when doing business, rather than over the phone or email.

A lot of investors refi to get their money back and preferably more to reinvest in other properties.  

If I were looking at a flip or hold property, and I had my choice of all La markets, Riverside and San Bernardino may scare me off a little.

The other thing, it's my understanding that folks in San Fransisco walk around naked and saying you think you caught some body part of a possible partner, well, many are pretty conservative here, especially the saw and hammer types, just saying, not that I have any preference, well, I do, but, well, you know, we don't have to explain everything!

Matt Lawrence completely agree with J ScottAND I will add, even if its a bank that doesn't sell of its loans like he mentioned (federally insured) it's going to be next to impossible.You made the choice to favor "tax write-offs" instead of profit and this is what underwriters like me look for to underwrite a loan.

It is definitely riskier and your choice of property management company is critical.On a side note I came on the site tonight looking for a local tax professional and came across your profile.

Are you sure that is a better choice than an S in your situation?

Your other choice is to rent to tenants that don't notice it and/or are smokers or pet owners themselves.

I've read one on of the blogs here that someone preferred/suggested a profit of at least $200/month/unit.

Natasha Hylton I didn't think you were actually going around the realtor (trying to take their business), but that you didn't want to use one and prefer to save the commission, which I totally understand, but you have to be prepared to do all that they do in that case.