The reason I ask about income and if there is any other options to invest in to real estate is because we're self employed at the moment, but we are not working with the IRS until we feel ready to officially start the business.

Hey @Ned Carey - thanks I will add a picture when I get home.I am planning to write about my experience after we close and the whole thing is official.

You officially file paperwork to get put on an eviction docket?

i just closed on the last of the "conventional financing" house i can get. i have 11 rentals, 10 of which are financed with banks. i put 25% down, 30 yr. then i have my personal house under the same type of financing, but apparantly that does not count towards the 10.here are the numbers:purchase price - 74k (list was $89k)appraised - ~95, but who cares, really.rent - $1,000taxes - not official, but around $2,200PM - nothingholding cost - nothingthe tenant has been there for 6 yrs and when the previous landlord lost the place, the bank apparently decided to keep her as a tenant.the house needs a lot of work, around $15k, to bring it up to my standards, ut she is happy as is. she just wants a front door since the one she has now is falling apart.let me know if i can answer any questions.

Baltimore REIAMAREIADC REIADIstric REIABWI Meetup - 2nd wed of month, in ColumbiaArbutus Meetup - (don't know official name run by Kenny Gills and Charles Blair) meets tomorrow morningGoogle is your friend, you'll find them.

Thank you everyone for all your feedback I am now officially scared to invest the Indy area lol

The official descriptions states lots 23 & 24. the house is centered on one lot.

After three days of prepping the house, painting and staging the house, one of the agents begged my agent to bring a potential buyer to check out the property before it officially go on the market.This buyer loved the house and wanted to write an offer.

Also, if you want to see the condo doc.s now, they're available online on the Broward county clerk of court site, Official records search--under Document Type, select CDO (condo documents) and enter the name of the condo association.

Usually they take at least one trip out prior to making an official commitment.