Really enjoyed all the information generated by your question.thanx

I'd like some input as to what my best strategy would be to inable me to generate short-term cashflow in order to go fulltime and also to build wealth.

The home generates a $5,000 loss with the depreciation and vacancy in 2005.- My modified AGI is over $150,000 - so it appears that I can not take this loss whatsoever.- I acknowledge that I can carry this loss forward as an offset to any gain I have in my sale, but I believe my gain isn't subject to tax anyway if I sell it by August 2006 - because my wife and I will have lived in the home for 2 out of the last 5 years at that point.- This situations get exacerbated in my 2006 situation because I am paying the mortgage and taxes without any occupancy and apparently without any tax benefit!

Looked to me like a repeating Power Point presentation sort of thing designed strictly as a lead generator for Realtors.

I am not an attorney and am NOT advising they do anything.

• Generate excitement and urgency to help you achieve maximum value in a shorter time period

michael has good advise. before I investe out of state i built a very strong trust worhty team...Network is everything.

I have a good pre-construction deal worth looking into it........while it would be impossible to caution you about all the potential pitfalls of preconstruction, I would advise that you have an atty look over your contract before you sign it.

I'd like to like Rob's idea, but then if you follow the advise and get a "dawg" in the hood, you are likely to have problems with the tenants.

This is what's happening to the people of this country that have put into the American system for generations!!!