I was reading a book from a popular commercial real estate investor this evening and he made the bold claim that real estate is a "get rich slow" business.

I know some folks that were looking this summer and they claimed many popular areas had multiple offers on housing for lease the DAY it went on the market for lease.

Your option three is a popular choice because the value of the land usually turns out to be such a small number when compared to the purchase price, but I suspect the IRS will have a problem with this if you were audited.Option four is viable, but you already have all the information you need from your tax assessment.

I, like K Marie am surprised a title company suggested filing, but they are probably not on the hook.The only down side would arise if you were filing a false lien, in this case you have good reason to do so, even if it doesn't yield the desired outcome for any reason, you clearly are acting in good faith to perfect the lien.

The issue will likely never arise so long as your investor is well protected and gets thier money back.

The obligation to repay the credit arises only if the home ceases to be your principal residence within 36 months from the date of purchase.

I like to speak the truth and while it may be easier and less confrontational to call myself just the Property Manager if a problem arises, I feel it will be not the truth.I also want the tenant in most cases to know I am the decision maker whether it is for a problem/issue or not.

This concept was popular in the late 80s.

A Good site for Texas REI, especially Wraps is http://www.lonestarlandlaw.com/Wraparound.htmlSub2 or Subject to Existing Financing with or without Land Trusts are popular too.Wrap - AITD purchases are common in many states.All of the above have due on sale issues.

I've never heard of any sanction where an agency said, okay, you're right, go back and you can continue what you were doing.Lastly, does anyone have stats on how many RE attorneys are sued by their clients and indemnified for losses arising from their advice?