Thanks for those wonderful tips you have shared with us here who are making it in the REI, we need those kind of motivation to get us through because I know being real estate it will really takes a lot of confidence and strategy and hard work of course, and most especially we should also enjoy what we are doing.

What kinds of questions can I ask the renters to be sure they won't rip me off without coming across too judgemental.

do you setup a contract with the buyer something like if you purchase the house you will pay this amount to me as kind of like a finders fee?

what kind of variables should i look at?

Its some kind of program they have enabled.

Thank you very much for your kind and encouraging words.I have been working very hard on my blog.

Workpost is free to use and really simple...kind of a classifieds based on work.

Broad spectrum questions are kind of hard to answer.

And even if you find a private/HML that won't care about what kind of reserves you have, it's still a very good idea to have the extra money at hand.

Once an investor has identified his or her like-kind replacement properties, they have to comply with the following three (3) value rules for the actual acquisition values in order to defer 100% of his or her depreciation recapture and capital gain taxes:1) Trade equal or up in value based on the net sales/purchase price; and,2) Reinvest 100% of the net equity or cash proceeds that result from closing on the sale property; and,3) Replace the mortgage.