Deep discounts to market value are possible, but, in our experience, rare {most markets in Canada are small enough that inventory levels are moderate and there is no need to dump the property}.Lenders - particularly the Big 5 banks - tend to prefer Power of Sale as it's more cost effective for them: No/less legal expense; they do not need to maintain the property while it is for sale; the owner/borrow is motivated to get the best price possible for the property (and not to trash it); and, if the property sells for less than the note, the borrow is still on the hook for the balance.

And you can request that the MIP be removed once you reach 80% of current market value (requires an FHA appraisal).I hope this stuff doesn't scare or overwhelm you, but helps you understand it better.Good luck and keep on learning!!

All the baseboard was removed and duplicated being 1" higher and we ran all new electric and internet behind the base in the wall.

The time expended to prepare the data from receipts, accounting records or other would be the same whether the data was to be used in a relational model or a big data model because I imagine that much of this data is not in digital form already.Big Data would come into play if you had a massive volume of data that you might want to analyze from various sources that would be too large for a relational model and or the rate of change/growth for such data was very high such that a relational model could not keep up (not going to mention Data Warehousing as that is not going to be cost effective for you).

Good Day BP Family,I stumbled upon this information regarding a change (at least to the form) the IRS has made effective Nov 2013 regarding estate assets.

I'm just having a hard time as to whether or not I'm maximizing the effectiveness of my hard work and if I'm applying it in the right places.

As an example, why spend extra money on custom lighting when a lighter color of paint would have the same effect?

Develop a business plan and include licensing advice specific to Utah, specific to rehabs, rentals, and subject to deals, and specific to a new small business owner in my tax bracket.Analyze my strategy and tell me what is cost effective and what is not.Develop deal contracts and helping me see them through.Ideally, I would have 3 or 4 references to attorneys skilled in all areas, but that may not be possible.Thanks for your thoughts.Josiah HalversonSandy, UT(801) [email protected]

What you have effectively done is ruined your returns on the other properties in order to purchase a deadbeat.I understand the point of your original post was not to get into this part of it, but I caution you on your approach to investments.

One guy doesn't get his stuff done on time or under budget and what one does effects the entire project.I've seen money break up families, it can certainly break up friendships much less partnerships.I'd suggest, if you have other irons in the fire that you might consider staying out of the way in rehabs, take care of the business side.