It is far more time consuming, but can be done.

What if they have two car payments, and credit card amd other consumer debt?

After Ifinished typing my post above the other night, I found myself logically going toward option 2 more, since it seemed cleanest, and it allowed for a complete separation of the assets consumed by each tenant, in order to track the depreciation independently of one another.At this point, I know I can make the final depreciation amountscome out the way I want them to, however what I was confused about is, what is the most acceptable practice in the industry for achieving that?

Here in Phoenix we too are seeing many fewer foreclosures come on the market vs. last year.

Granted the numbers of ones in the millions are fewer than the ones with 100k - 400,500k etc. in my database.My point is when I take a listing I can tell the seller I talk to buyers every week and know around what they will pay.One price for bank financing,one price for all cash,one price for all owner financing,and one price for combo of bank finance and owner second.So with a properly priced property I have tons and tons of direct buyers wanting to purchase.

It just does not serve that purpose.It is not a fee that a consumer is paying to "get" the loan.

The Federal Trade Commission said David Del Dotto of Modesto and his wife, Yolanda, have settled charges that they deceptively represented features of their "Cash Flow System," a get-rich-quick real estate scheme sold to thousands of consumers on televised infomercials.

Even if you only do one at a time, you can still be consumed on occasion and enough to damage your current livelihood.As a lender, Ann suggested you consider loaning your money to rehabbers instead of doing the work yourself.

I stopped because it was sooo time consuming.

With the news that BoA is selling fewer mortgages to Fannie and Freddie, maybe Obama is trying to slowly get them out of the mortgage business to cater to the moderates.Also, wont' this hurt home values by adding rentals to neighborhoods that may otherwise be mostly owner-occupied.