I was thinking painting it fire engine red (my walls are taupe, baseboard trim white, and floors oak stained walnut) and thought of painting the tongue and groove behind it white (or the taupe) as well, but not 100% sure on color scheme, as i want the FP to be the focal, and not have too many colors going on. the living room is decorated with tan/chocolate, hints of red etc....

Ibrahim, have her talk to a CPA familiar with the insolvency issue, form 982, and how the gain/losses are treated with a short.

There is a lot that can be done that a new renter, even one who may treat a property poorly, would have a hard time ruining.

I've read a lot about people buying and holding in the rust belt and have been doing some basic research into the areas. I've been leaning towards buy & holds in OH or IN, and looking at certain areas that cash fl...

Treat the entire bathroom as though it were a shower pan with the drain being the bathroom door.This includes the flange that the toilet bolts to.

We have cleaned up behind too many PM companies so would not want our properties treated in that manner.

Jon Holdman, yes this is "theft" in my book and should be treated as such.

As best you can, treat it as a multi-family unit, where NOI/CAP gives you an idea as to what you should pay.

Owning rental properties can be very lucrative, but it is a business and you have to treat it as such.

That can greatly change how the income from the sale will be treated.