It is also cost prohibitive to continue to maintain the property in a tax deferred vehicle.We are planning to have a single LLC own all of the properties and my question is - if we do a cash out refinancing in order to fund the taxes associated with the distribution of the investment property, will the interest be deductible?

There are apartments that pay for it if they are in "lease-up" mode or looking to maintain high occupancy (either for a refinance or sale) but it will all depend on the quality of the prospects you bring and what you charge.Call a few apartments in your area and ask if they pay for placement to get a feel for it.

I've been studying real estate investing for a couple of months now (read "Rich Dad Poor Dad" and it changed me forever, as it has everyone else) and I'm looking to purchase my first deal before the end of the year. 

The house was extremely well maintained, it was just very dated.

The house was extremely well maintained, it was just very dated.

I don't want to move to Florida right now because I'd have to take a salary cut which would reduce my standard of living and would reduce my opportunities (i.e. direct mail marketing) for off-market properties.I’ve been studying and reading about flipping houses for the past year.I currently have a W2.

However if the tenant is already struggling do I want to take on that issue or can I say I’ve supplied it, she’s failed to maintain it.

I'm wondering if I should reduce the variable cost since the outside is maintained by the HOA and covered by the HOA cost.

They told me I can do my due diligence during the option period/ feasibility study. which is pretty standard.

@James Hughes Hey James, I am studying Computer Science at Fsu, and would love to work with you to make a program free of charge to send out mass e-mails, text messages etc... should be really easy as long as a file is given with the names and numbers.