This cost is factored in and deducted from potential profit.In accounting lingo, I treat myself as a cost driver and show up right there in the COGS at the end of the year.

For whatever reason, the law doesn't really treat "illegals" as "illegal".

(as long as that is the true value) Do banks treat these type of loan applications any differently from others?

Bryan, these loan proceeds are no longer part of the 401k and are treated like ordinary dollars.

Also, how do banks treat "subject to" owner financing?

Of course, they must have missed that one.You're running a business, treat it like one :DCheers,Mark

I would recommend PEX if you are on a treated water system (city water).

At some point consumers need to just rise up and state they will no longer be treated in this manner and move on to a company that will treat them right.

:)Jeffrey Smith - thanks for explaining the legal consequences in the case that the tenant/buyer can't make the payments on the option premium.Sounds best to just do them completely separately...so is there a good way to make money on these or are they mostly for recruiting good tenants (since they would hopefully be buying the property, they would treat it better)?

They have a homeowner mentality and treat my homes with great care.