I don't have a lot of capital since I'm just starting out, so I'm trying to limit what I have to put in the deal.Any ideas?

Operating expenses include (but are not limited to): taxes, insurance, management, maintenance, entity maintenance, advertising, utilities (at least during vacancies), legal fees, damage done by tenants (over the security deposit), vacancies, setouts, lawsuits, and capital expenses (not technically an operating expense).There is no 2.5% rule.

Similar to the old world of limited partnerships but set up rather differently.

I am very sure that the same program applies to both wooded and field (ie. it is not a save-the-spotted-owl program or don't-farm-for-cash program, but is for limiting development of any kind on any land.)

I have been going through hard money lenders and such for a while but the limits that they are imposing and the slowness of the process on a whole is making it where I am spending more time dealing with the hard money lender than I am finding properties and end buyers.

It seems there is a 14 character limit for phone numbers.

Prospective tenants will tell all kinds of stories as to why they have 10 credit cards, all of which are run up to the limit, and none of which are current, or why they ended up getting evicted from their last apartment.Do we have the cure for cancer?

You can maintain a powerful position over each property, you don't do the work and you have relatively limited risks compared to other forms of REI.

(I think $10k limit before you have to declare it)BestToby

Please limit deals to the proper forums.Thanks,Jon