I was wondering how the market was for long term rentals in those areas.

All that said, depending on how low your adjusted tax basis is, having a taxable sale would be extremely costly. 

I'd estimate 12-15% of the sales price as you'll have to back out land value and then you'll get closer to 20% of actual home as a deduction (assuming 100% bonus depreciation which the jury is still out on that being extended. 2.

What is everyone's experience with this regarding the due on sale clause once lenders are notified?

Affordable purchase prices, good spreads, good 2- 4 unit inventory, nice appreciation, active sales markets.

Hello everyone, hope all are well, I'd appreciate insight on a question- if I take bonus depreciation after a cost segregation study in a year, then do STR and it's just not for me, can I then convert to long term leases the next year and still benefit from the deduction in year one or is that owed back somehow (other than recapture at time of sale) Thanks!

If the deal turns out to be a loser, you could have one co-bene refusing to sell, tying up the deal in a lawsuit to force a sale.  

I am negotiating with the bank on a short sale and they will not let me use our own title company....Has anyone worked with Golden Eagle Title before in Cleveland Ohio?

We closed on the sale of the property Thursday at a sale price of $1.7 million with $412,000 down and a 2 year balloon note (with options to extend) for $1,288,000 at 9.999% interest with interest only monthly payments.  

I wonder if these are like pay day loans super high interest.. does anyone know what the interest rate is.. that could be the play.. be the lender on these deals :)