Thanks for adding the tax aspects.My point about a sale was it is a sale even if there is no tax impact.

I'm guessing it varies widely depending on local market conditions, but do you know of any typical hurdles (say 65% or 70%) that generally make the added risk (i.e. title and lien risk) worthwhile?

In '2002 I found that my business travel had increased to approximately 80%+ and started contemplating my next career interest/move.In early '2003 I left the corporate world and got involved in the landscaping business, however this quickly turned into doing other types of projects for people and it led me down the road of providing value-added property maintenance management services.It's now going on 5 years in this business and although it's had it's ups-and-downs I have extremely enjoyed doing this type of work and helping others.

It's your return before allowances for vacancies, repairs, upkeep and replacements.I'd have an ad on craigslist this afternoon.all cash

Just added 37 bucks to my cashflow.Now I understand to get this deal it may take alot of work as well and will only be under certian conditions, but the same is for example one.

When pitched over the phone the way you hear it I would expect it is more of a headline to an ad just to get you interested.Never worry about finding the money if the deal was really $30K for a $400K property with no other liens or obligations.

The same folks who have gold deals and other things.John Corey

Granted the liability protection of a series LLC has not been test (too new) so how much added value you receive is to be debated.As a general word of caution.

The only bummer is that if I rent it out, the value of these nice things I added will fall pretty quickly.

Not an ad but a summary of what you have been doing in your life prior to RE.The ad for your properties can be posted in the appropriate forums when you meat the minimum requirements.Good luck.John Corey