Hardwork and determination will always stand the test of time.Some may get some deals in the short term, but it isn't sustainable.

This issue was a test question on the FFA, ATC exam that I had to take in the Army, I'm sure it hasn't changed as the feds love control.Again, as Karen mentioned, our airport was expanded greatly a few years ago one of the results was additional land purchased by FedX away from the airport to expand the distribution center.

That might work to test a market for an immediate re-sale, but doesn't really make sense when you're looking to buy a rental.If the bulk of the $2500 is travel, I think you really need to look at whether it makes sense to invest out-of-area.

I ran some quick data tests using my title company accounts.

What I was trying to say was, excluding the Negative Equity of that property/transaction, the simple test is if your net worth is negative the tax would be avoided.

So part of me says this enthusiasm is with low $... just testing the waters.

Has anyone put together one of these:[img]http://media.merchantcircle.com/19717988/billboard%20trailer_full.jpeg[/img]I'd love to test out the response they generate

I determined that the owner was not a real seller and was just testing the waters.

Cash flow = (rent * 0.5) - P&I (if using a PM)Cash flow = (rent * 0.65) - P&I (if self managing)Cash on cash return = Annual cash flow / total cash investedIf you like those numbers, it passes test #1For #2, you just ask what you could sell the house for if you needed to sell.

There are "tests" as to the intent of an option and one carefully drafted can avoid it being seen as a sale at the time the option is made.