No, not all areas are created equally, but there are many items that could cause the recovery to take even longer I'm trying to buy, but finding it more difficult to find truly properties for bottom pricing.

. - The original offer on the table was 16% of ownership of MGMT LLC which equals 16% of revenue share from MGMT LLC...

I've decided to state upfront my criteria for determining ability to pay:Monthly income must be 3 times monthly rent -or- they must provide proof they are making equal or greater rental payments currently.

The closing costs will equal or exceed the loan amount, depending on rates and transfer taxes.

Back out a vacancy expense equal to 1% of its value, taxes equal to 1% of its value, insurance at 1/2% of its value, and repairs and maintenance at, say, 2% of its value, and you have a 7.5% ROI.

This involves fraudulent conveyances, an area of law where specialized attorneys can render reasonable opinions.Having property ownership in the "correct" entity to limit both inside and outside liability is a crucial first step in protecting assets.

On the residential side I have seen agents work like dogs to make a pittance in commission.High time-low money equals a NO for me.You will need to put this MARS disclosure out as a broker/agent on all correspondance to all potential residential clients etc.You also need to check if your broker allows for short sales and also on mortgage modifications if you are allowed to even help owners with that.

(1) The replacement property value must equal or exceed the value of the relinquished property, and, (2) all of exchange proceeds must be reinvested in the replacement property acquisition.There is no requirement to have any debt on the replacement property.

Make sure your deposits and fees are equal to you competition.

The "value" to be shown to clearly represent an accurate picture of the financial position is what you paid for something and adding in the costs of improving the asset, not what you think you might get if the right person came along, in an open market environmet, with the buyer and seller having equal knowledge of the asset, where both parties dealt in good faith.....etc, etc. etc. fair market falue is nothing more than an opinion until it actually sells.