My point is that using embarrassment or shame as an indicator of an offer well made is stupid.

I'm not a tax expert but common sense would indicate that if you bought it to use it in your business then it's a legitimate expense.

@Giovanni Isaksen Thank you again for your superb advice.Based on the property analysis I have email to you earlier ,looking at the negative cash flow might indicate property bubble is imminent.Should I start investing or apply wait and see policy?

I recently came across a vacant property and the county records indicate that it is owned by Bank Of America.

The appraisal is very important it indicates how much money the bank will loan on the property.

If this is the spouse, it will typically indicate that or at least show same address for residence.I guess the only bugaboo that you might find are Brother and Sister who live together.I've made my living deal with anomalies; needles in haystacks, on a serial basis.

Lack of movement in a community is a key indicator that the area is dying.

Do they qualify, re-qualify them basically, verify employment for existing tenants assumed.Verify utility history with utility providers to ensure the tenant has been there for the term indicated, there are scams by turn-key sellers, this verifies the tenant has really been there.Review their payment record and any collection efforts.The landlord needs to send the tenant a notice of sale, certified mail, return receipt requested.

The bad is that they often don't have the other qualities we look for - employment longevity, high enough income, bank accounts, etc.People with pitbulls also have limited options, but we see this as a situation they put themselves in and indicative of being poor renters.What I have a hard time seeing or quantifying is how high maintenance a tenant could be.

Jimmy S. ...Send a 60 day notice prior to lease end indicating intention to raising the rent $50..Request response from tenant whether they will renew or vacate at lease end.