Life is not fair, and more so it seems in real estate transactions.

I realize that the economy and other factors may make it difficult to make this happen for some people, but look at it this way: All things in life that are difficult are the things worth going after.

Rentals just fit our lifestyle better.

Surely, you won't let me be the only styling on you at the BP summit would you?

Plenty of night-life and shopping in that area as well.General make-up is white collar with most residents being in their 30s.

Yes you can say the property will be brand new and your costs will be less BUT over the life that you own the property you will need to do things to it.If you don't when you sell and suck out all the cash you will take the hit on the resale.

Based on the IRS five year number, I took the original cost of the installed carpet, looked at the remaining life I should have gotten (IIRC it was about 30 months out of the 60), and the percentage of the total in those two rooms.

Doesn't seem to address the architectural style at all.

That debt will stick with you for life even if they take back the property from you.

Did did a bunch of fix and flips, land contracts, rehabbed and kept a number of small (4-6plexes) multiunit residential, some single family rentals, couple commercial buildings, things went south in about 07, split with my partner to try and survive, worked day and night for another year to regroup and survive, the final collapse in 08, worst year of my life in every regard.