-There currently isn't much maintenence considering the property is 9 years old (probably about the time to start having some things break though).A little more info: I bought the property in 2000 so I am now beyond the 2 out of 5 year rule to avoid capital gains (shoulda sold it last year).

I recently saw a guy in our newspaper that was doing a 2 hour sales pitch on capitalizing on estate homes.

The number one rule of investing is to not lose your capital.

If your clients have the capital and will go with it 100% then you can do it this way.

One caveat no budget attorney until the seed capital is raised.A real estate developer offered me an opportunity to get in on the ground floor of a multi-million dollar development.

What I have observed is a complete and utterly contemptable attitude towards capitalism and free enterprise and an almost religious fervor for larger government "solutions" to economic problems.

Well, he could certainly wholesale a few properties and create capital to invest with.

Registered and established company seeks capital for pre-construction and conversioninvestments.

I am just now working towards selling a few in hopes of having the same amount of capital or more to buy with cash, rehab and then sell.

For a lease option you can make it a 2-year option so that you can minimze / eliminate capital gains.