Even then, doubtful they will do it due to the extra risk and hassle of dealing with a superior lien in the event of foreclosure.3) Hard money can sometimes be secured by other assets. 

It looks like the potential ban would only be for a full-time short term rentals, as opposed to owner present or some days per year for a whole house.

Do you have any more information on an upcoming meeting or event? 

My main goal is to move upward, as opposed to laterally, during this transition.I am also not historically a forum-posting type of person, but am willing to jump into new things (especially considering the marvelous resource I've recently discovered in Bigger Pockets)THANKS!

@James Wilcox Thanks,Where do these events take place.

I had Mark come to speak at two of my events for ITC yesterday.  

I remember one person saying it didn't apply to us in general because we're calling to buy their property as opposed to selling them a product or service. 

I AM NOT A CPA OR ACCOUNTANT:But: If it was a rental property the entire year (even while vacant it’s a rental property.) and you are intending to rent it out when it’s fixed as opposed to moving yourself in to, I would take all the depreciation and expenses.

Be sure you work with a lawyer to draft up a partnership agreement to make sure everyone is covered in the event of a messy break up. 

It's a great thing to take advantage of this kind of platform to build your financial future in a secure way.One of the best ways to start learning real estate investing is to LEARN through books, websites like THIS, podcasts and also attend real estate events in your area in order to build some great relations with those who have experience in the profession.