It would have been nice if the tax code would make some sort of extension in the capital gains tax exemption for people like us who had to move out of their homes in the past few years but couldn't sell due to the economy.

You would fall under Section 121 of the Tax Code ("121 Exclusion"), as indicated by Steve.

Search for other liens, code violations, judgements first as these would have to be paid off too.

I'm moving back to the states,Atlanta in particular, to look after my mother.I've been away for 27 years and return withenough to purchase a house outright and some left over to start a property investmentportfolio.I'm an Navy Veteran whose worked in the postal system here for 25 years.

Some of this has been mentioned, it's easier for me to list some of the real estate issues;Draft, review and have contracts and disclosures excutedDraft notes and deeds requiredEscrow funds and make disbursementsIf they are title agents as well, they can issue title insuranceDo title examinations and issue a title opinionClose the transaction and do the filings neededSet up an escrow account and oversee paymentsAct as the Trustee on the deed of trustHandle notices of default and secure collateral in foreclosureRepresent you as a creditor in bankruptcy mattersReview construction contracts and represent you in disputesRepresent you in Tenant disputes and evictionsObtain judgments and provide collection servicesRepresent you in sale contract and disclosure disputesRepresent you in obtaining compliance or relieved from code violationsBest of all, they can keep you out of trouble!

Just got done working on Listsource to generate a list of leads with the following criteria:-10 mile radius from my home area code-Mortgage value of 1-200k-home sqft less than 3000sqft-Notice of foreclosure auction in the last 3 months-greater than 40% equityMy criteria may have been a little narrow and I only generated 10 leads.

(We get somewhere around a thousand dollars a month in scrap metal from various projects.)Prep work depends on the city codes.

The last time, I found a condom (didn't dare pick that up).I have spoken to HOA about it; they pickup the littering every once in a while; i spoke to code enforcement.

Either way I have a promo code and acct manager for .08 if that helps anyone.

Andrew Johnson “I use Appfolio out of santa barbara, ca its definitely not free and my property mgmt company passes those costs down to me which I think is around 50-60 bucks a month based on number of units under the service.I am able to see all reports from rent rolls, cash flow statements / trailing 12 month cash flow, tenant ledgers, maintenance requests, dialog between tenants and mgmt staff, resolutions to maintenance requests, move in pictures, move out pictures, or video, and many more features.What I like is that it allows the vendors to be in a dialog/text/chat box so they are prepared (vendor) prior to job assignment with lockbox codes, scope of work and pictures before they even go to the site so we dont waste time figuring things out and run up a huge $$$ bill for lack of efficiency.”