Does society condition the average american to have a phobia of risk and buy before we earn?

Do you provide anything out of ordinary for your renters?

There's another turnkey provider in Dallas I spoke with named American real estate investments. 

You can run into trouble if anything out of the ordinary happen.

If you sell the flip you will Not pay cap gains tax.....it will be ordinary income tax plus 15.3% ss/med.

Mortgage balance is about 105k at 5.875% with 18 years left on 30yr loan.Refi option: We've looked into refinancing (4%-ish) a year or so ago and it didn't seem to make sense from a cashflow standpoint as I recall the payment would have adjusted to a monthly net zero cashflow but would take us 4-5 years to recoup closing costs from the monthly "savings", plus that new mortgage would then begin a new 30 year schedule (for a $0 cashflow rental).Sell option: On the other hand, if we sell the property, the way I understand it, we could deduct the difference of Purchase price - Sale price as an "ordinary loss" on our tax return.

Their PQF said Sun American Mortgage.  

That's what they told me at least, still mostly paperwork, God Bless American bureaucracy.

Aloha everyone, I'm an American.

This way you can lease option your house with a hefty down payment plus cool monthly positive cashflow to someone who has the dough (Intel workers are coming) but can't get a loan (49% of Americans can't).