Its a tough life living here in the land of the Carolina Blue when you're the Red and White from State.

My name is Nicolas, I have make real estate investing part of my life about 1 year and half ago by reading, attending seminars, meetings and learning and since January actually started TAKING ACTION with my marketing, business plan, leads, etc etc FYI - I am suppose to close my first wholesale deal next week but it has been a tough one with an eviction - lawyers and a lot of negotiating so I can't celebrate yet!

The building was built in 1911 and when I had the inspection for the original purchase nothing came up about lead paint although it was a general inspection, not a specialized lead paint inspection.After receiving the letter I talked the tenants.

I would, however, be interested in discussing your take on investing in this area - with the high taxes, I'm expecting it to be tough to find a property with enough positive cash flow.

In between the $25K "special allowance" phases out, $1 for every $2 of income over $100K.Also, as you take depreciation (or, even if you don't), the "basis" for the property is reduced by the depreciation.

In fact, many that I have been around have a waiting list.Another option is to seek out a developer in the area that specializes in communites for manufactured homes.

If you tenant comes from apartment, they will tough time paying.

The thing that will be tough is getting them out sooner rather than later as this guy has SOOOOO much stuff as well as a bunch of cars and boats etc.

They are hard to find but they exist.Of course use leverage..specially with today's low interest rates.

It's also tough to give great fees back because I don't know any of the numbers.