Please feel free to drop me a line!

We couldn't refi for holds and retail buyers for our properties were starting to have trouble getting loans meaning that our properties that were finished and ready to go sat as dead weight while we were trying to liquidate.Our $100-200/month cash flow on our stable properties couldn't support the debt service on the vacant/unfinished properties for very long and we ate through our reserves pretty quickly while fire-saling everything to make our private money whole.The 20/20 hindsight is that we sold our best properties early because we thought we could weather it out with enough cash and prices weren't really dropping.  

This house has been on the market for a while, and I noticed a $10k drop in price.I tried the BP analysis tool for the first time today and this seems like a good deal. 

I for one like the comfort of working close to where I live and being able to drop in on my properties at any time without having to drive or fly far to get to them.  

But this concern is more on the seller's side and if that attorney is aware, the chances of then blessing a wrap deal just dropped some more.I suggest you partner with a money guy since you might get some equity, or, partner with the seller, you make the repairs if you're qualified and then sell.

Their is an off season where your vacation rental demand will drop off and you will have no income from the triplex.Start the conversation being nice and helpful to your new tenants and don't pull out the stick (eviction) or even mention it until you have to.John

Looks they dropped the rate for 2016 to .54IRS Mileage

That represents a drop in our payments on the note of about $80 per month.  

I'll give them one chance and let them mail or drop off at my dropbox a weekly payment....if they miss one then it's over but I've had success doing this in the past.

If I realistically expect to get $160 in painted condition, do I list it as that and offer a paint allowance, drop $1500 off, or list it at $160, allowance included?