If you invest in a duplex or higher units, your pool of potential buyers when you want to exit becomes extremely limited - pretty much investors only, and most investors want a steep discount.

It shouldn't be too high for sure, but often too low is also less than ideal.For example, you have 5 credit cards with $10,000 limits for $50,000 in total available revolving credit.

I was wondering, what are the limits you guys are generally going with along with deductible amounts.

I have a contractor only have $10,000 bond.and he has a workman comp with "STATE COMPENSATION INSURANCE FUND" and it has no limit. anyone heard of STATE COMPENSATION INSURANCE FUND?

Eric Archer in the book says Originally posted by Eric Archer: Limited Liability for potential exposure to claims of creditors.

Joel,You hit the nail right on the head.Alex,Okay, from what he told me, you sold him a house, advertised a "life style rehab" of it, and placed a tenant into it.

. / $4,166.67Annual debt service “DS”Revenues:Monthly AnnuallyRental Income$935$11,220.00 (RI)Vacancy @ 8% ($74.80)($897.60)Net Rental Income $860.20$10,322.40 NRI)Operating Expenses:Property Tax- 1800 (this is being challenged currently, but no ruling at this time)Insurance- 1000 (estimate, I will get a quote on this for sure.)Maintenance- 1200 (Estimate)Utilities- 800 (Estimate)Advertising- 100 (Estimate)Total Operating Expenses (*Very Estimated*) = $4900 (TOE)Net Operating IncomeNRI-TOE= NOI$10,322.40-$4900= $5422.50 (NOI)Total Cash FlowNOI- DS= TCF$5.422.40-$4,166.67= $1,255.73Return on InvestmentTCF/ TCO= ROI$1,255.73/ $5,000= .2511 (25.11%)Cash on Cash (Considering- Down Payment, Upfront Repairs, Closing Costs)TCF/ TCO (W/repairs and closing costs)$1,255.73/ $6,500 ($5,000 DP + $0 Initial Repairs + $1,500 Closing Cost) = .1923 (19.23%)My thoughts regarding this deal: I think the asking price is a little high for the property considering it’s age, condition (off of visual inspection from the street level only), location, what limited comps I could find.

That will be a drag on housing prices because it limits demand.Local factors may come into play.

I doubt it, but wanted to check to see if there was a loophole.On solo 401ks, is the self employment income that you can contribute from, limited to whatever you report on schedule SE and pay self employment tax on?

The off the shelf contracts and Free Down Load's can be trouble.