If that city is healthy, and the property survives your thorough due diligence, you may have a solid property.

Note: at this stage of the game you are now in sales mode and SELLING the note in an attempt to get as much money as possible.5.

For estates and trusts, the tax equals 3.8% of the lesser of undistributed net investment income or adjusted gross income over the dollar amount at which the highest trust and estate tax bracket begins.For married individuals filing a joint return and surviving spouses, the threshold amount is $250,000; for married taxpayers filing separately, it is $125,000; and for other individuals it is $200,000.Net investment income means investment income reduced by deductions properly allocable to that income.

Mine was one of the lucky 9 that survived unscathed.While it turns out I didn't need the flood insurance, the flooding occurred the night I was in the hospital having our son; it was nice to be able to focus on the baby without having to worry about whether I was going to find out I was out $50K in flood damage if my property did get flooded.I pay an average of $25 per house in flood insurance (5% of my houses are in flood zones and I pay an average of $500 per house).

There's nothing for a prospective tenant to see during rehab-mode other than a mess, and a lot of tools.

The debt has made it more difficulty for me to obtain financing in my endeavors (of course I happened to become an entrepreneur right when the credit crisis hit), but ultimately I think I will come out for the better, especially being able to survive the downturn.I am a little bitter towards the higher education industry for taking advantage of my parent's never having had a college degree rationalizing to them that debt was an acceptable and normal way to pay for higher education for your children.

There were a couple of experienced guys there, but i think whenever they saw a young guy like me walk over they immediately wanted to move into some sort of mentoring services mode...!!!

Our whole model is based on building trust and relationships with clients but also with key people that make everything happen.

(Im not really paying much attention at this point...in a "I'll believe it when I sign" mode)New closing date.

I only understand the fundamentals of their business model. I