For purposes of this chapter, moneys required to be paid under the contract shall not include any accelerated indebtedness by reason of breach of the contract.Michigan Case LawA general requirement for a valid contract for the sale of land is that it contain certain essential elements.

So essentially, are use of the the prior years passive activity losses limited by: 1.

My 9-5 is essentially that.

This thread covers a bunch of different issues I've seen in 10+ years of RENOVATING AND SELLING (You can look up my thread, which didn't go far about why I think even simply saying the F-word (flip) is as STUPID as shooting yourself in the foot, when Wrigley for instance will spend millions picking the name of a new gum, names, terms, etc matter to consumers and to say the biggest purchase of your life is a "flip" which to me sounds like something slapped together, I can't see ANY possible way using the f-word will NOT hurt the selling price.)I don't bother even looking anymore at anything close to the lower end and once I sell the two lower priced rehabs where I essentially had to "rehab much of the rehab" and I take the lion's share of the blame on these, as I'd taken on too much and became far too loose in my supervisory and QC duties, so I had a GC who started hiring hacks, an electrician who among other things, never bothered to pull a permit on one of the places (and when I contacted the city, who I had a great rep with-they came down hard on ME NOT HIM!!!)

These meetups typically have an element of education to them also  - so it is more than networking -  you can learn about relevant topics as well as network with other local investors.

Take some time to learn the pros and cons of different elements of investing.... for instance, you could fund bridge loans, where joe wants to buy property b, but still owns a, so he needs a bridge loan to fund the transaction. high interest... loan secured by property a, and or anything else he owns.... lots of legal, but money out, money in.

Elements that came up were: liens, hard money lending, short term title insurance, recording timing, and escrow.Thanks in advance for your insights and input.  

To be more successful, you simply have to work on the other elements to progress your REI pursuit.

So advise and/or references to the essential professionals is welcome.

A plainer front won't interfere with other design elements you may have.