Big chunk of your time.He will partner with you after you bought his system for 50% of the profits.So if you have $60,000 plus plus then go to this event - if not there are many alternatives that doesn't break the bank.

When these tenants move out I can command 1400-1500 on that one.Im not looking for a definitive answer, but definately appreciate any ideas as I have just started thinking about alternatives to the current situation.Thanks Jon

He is fueled purely by ideology, and it simply isn't one that I agree with.

Are you suggesting that as an alternative to being a landlord?

While many defend their favorite way of calculating alternates, cap rate traditionally includes operating expenses only; not capital expenses.

Some alternative way to finance this so we can do the repairs ourselves?

Even a full price offer on a short sale may not go through.An alternate strategy is to use the listing agent.

Compare that to alternative investments for that cash and see if you're happy.

Doug,Definitely understand your aversion to higher capital gains and looking for alternatives before the higher rates kick in.

People can no longer use their homes equity as ATMs by taking out lines of credit or refinances their homes to fuel consumption.