It costs us $2 - $4 each to generate probate leads so you can bet we're touching EVERY ONE of those with a well-crafted series of letters.

As far as selling versus renting have you considered:Do you plan to rent or purchase a home in Houston?

Best bet would be to participate in a local REIA and find a real estate attorney who is familiar with REI practices to look over your contracts.

There is a lot more red tape versus a smaller project because of impact and vision for the area as a whole.

She's done more deals than all of us on BP put together I'd bet and she explained all here regrets of doing 1031s years ago as I mentioned.

Tax Guru's,I purchased rental property for the first time this year and am quite the Newbie to renting and taxes.My question is whether I can use different methods to expense my car versus my wives car.

Finding a good, honest and reliable property manager would probably be your best bet if you do not have the time to manage the property yourself.

I go with a $2500 deductible versus a $1000 (that would cost $2300/yr)A homeowners policy should be considerably cheaper.

There are a lot of Spartanburg landlords in the room, and I bet you cold talk to some of them about buying one of their deals.Best of luck.

The key is what you define as a good cap rate and cash on cash going in versus the demographic and tenant type you will get.Were you paying all cash or getting a loan at 75% ltv??