Executives aren’t known for going out of their way to stay in a large home.That location may work for short term rentals, but look into another market.

You want to have plenty of time to sell prior to forgoing that! 

I live in a semi rural area so that's the reason for going after land more specifically. 1.) if I do end up getting a deed it seems like a much simpler process too obtain full ownership and 2.)

**ALSO** I've read that if you do not have a "home office", you can only deduct mileage going from one business location to another (ie: investment property to Lowe's), and you CANNOT deduct mileage for going to your property from your personal home.

Nobody should need more proof that OREO and backlogged foreclosures are a LOAD to be dumped some day: http://www2.fdic.gov/hsob/index.asp I'm gonna write a song about the past 5 years of searching for this stuff: "Looking For Data In All The Wrong Places" Kinda catchy, but needs some creative talent before finding public acclaim.

But, as the song says, “used to be don’t count anymore.”

Even with filters you have to check the water monthly with tests for going bad.Is there county or city water close by you could tap into??

If I could pick it up for a song from the bank I might look at it but not if they want full value.

I play my victory song.My question for all of you is... do you have a victory song?

We will move in, fix this unit, move out in year and lease for going rates.Thank you all for the great advice.