The impending recession will enhance that slowdown as well.

Avoid operation of a private or commercial golf course, country club, massage parlor, hot tub facility, suntan facility, racetrack, gambling establishment, or a store whose principal business is the sale of alcohol for consumption off premises.The 4th requirement is of particular importance with regard to the real estate company in your hypothetical. 

The deal becomes far more palatable with a larger spread.I'm not overly concerned with making a killing on this first deal (although obviously it wouldn't hurt), I really am looking at it as an opportunity to get some hands-on experience, and to enhance my ability in assessing repair costs and my knowledge of the local market.

I look forward to building bridges to connect me with relationships that can only enhance my ability to ensure success!

For those that it does not deter, running things this way greatly enhances your odds of winning those lawsuits.

Open up a spreadsheet and start breaking down the costs and massaging the numbers with your estimates/budgets and note your assumptions until your as low as you can go.  

But if your intent is to enhance the rentability of a property you have held and rented for 2+ years you're probably fine.Your basis at the end will end up being around 900K (current plus improvements).  

Prepare her a light meal, and give her a massage while playing a podcast for her.                             

If you want to try renting it out for a while to capture some more equity build then keep an eye on the calendar so you can still consummate your sale so that you have lived in the house for 2 out of the previous 5 years (in other words don't own it more than 3 years after you move out).Many investors work hard to go the other direction and convert investment real estate into their primary residences for the incredible tax break.Couple this strategy with 1031 exchanges on your investment real estate and you will enjoy some nicely enhanced returns.

A vocational or professional education in an industry is always based on acceptable practice to enhance skills and knowledge to succeed.