Maybe we should be protesting the election of Obama or the magical votes now appearing in the MN Senate race.BTW, this whole mess exists because government stuck its nose into the issue of marriage so they could tax it through licenses and then give tax benefits in the interest of promoting "family".This is all just so silly.

I don't think the markets like Democrats coming into office when they expect them to increase regulation and raise taxes.The post election drop was no big surprise.

Just like if Yetis exist or if aliens crashed at Roswell.

I think we would like to create some entity to use for our next purchase and ideally place the existing property into.Any suggestions?

Anyone with a license is regulated here.If it's an investment appraisal in our are a junior appraiser can't do the appraisal.

WASHINGTON -- Federal regulators have accused billionaire Dallas Mavericks owner Mark Cuban of insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses.

What you are looking for does not exist.

You take over the property without paying off the existing loan, and start making the payments.Since this is a builder property, however, he may have some sort of short term construction financing that you would not want to pick up.80% of MV, especially if the seller is giving you that market value, is no deal these days.

The founding fathers would not have let a Fed (the way ours works) even exist.

That information simply does not exist and many (most) investors don't understand operating expenses themselves, let alone have accurate records for their property.Finally, the vast majority of newbies fail in this business and the majority of rentals in the US are owned by individuals.