Actually I think we can't answer properly without knowing the numbers on rental properties in your area.

Certainly the deductions to offset sOme of the rental income, not to write off losses. 1031 is my exiling strategy on rentals, and I do not invest in Boulde proper.

Sheena proper Due Diligence is needed for this to be a successful venture for you.

There are proper ways to handle this based on size and extent of problem, whether mold is a deadly type, what your location is (for example, in NYC, I would be shaking in my boots.

Pay draws is the proper way to handle it so if your contractor does turn out to be bad, you cut them lose without losing all your cash.

Or at least enough to create a product or service that teaches it.

Purchases are being made on pure speculation - not proper cashflow calcs.

No affiliation here, I saw this product on DIY's I Want That show last night:http://marketplace.diynetwork.com/Product.aspx?

the use case for a mobile app is when visiting a home, or property, or shopping for home improvement products, mobile makes sense.

At least it's off my "to-do" list.I just had an offer accepted on a 3-note portfolio, and I have a seller literally begging me for an offer on another note.I had a very productive dinner with the SEVP/CCO of a local bank, which I am certain will lead to something good.Finally, I had 2 family members who have done deals with me in the past approach me with some more money they "found."