=Ointriguing, at loss for better civil words. until now, i've never ever heard of the government's replacement property following eminent property proceedings referred to as a 'GIFT'.

An accountant is also worth their weight in gold.

Many families, including my own, have gone for decades barely scraping by on what we can, many years taking losses because of poor growth and low prices.

When you get a direct contact in the loss mit. dept. you may also ask them if they have any other properties they'd like to get rid of that are in your area.

As you may now know, W. is having trouble... losse$ and lay offs.

This is only an informational form that summarizes income, expenses and profits and losses of the general partnership business.

Along with the credit repair operations, we also do Debt Consolidation, Credit Rebuilding, Credit Restoration, Budget Analysis, Mortgage Pre-qualifications, Mortgage Audit, Loss Mitigation, and Repossession and Foreclosure Prevention.

You can acknowledge their loss, but keep your "sympathy" in check.

If your CMAs come back in the $500K range, are they motivated enough to take a 20% loss?

Built in 1999.Purchase Price (conservatively): $194,900.Down Payment @ 20%: $38,980Financed Amount: $155,920 @ 6% (conservatively) over 30 yearsP&I Payment: $935/monthEXPENSESTaxes ($2,753/yr): $229/monthInsurance (estimated, need to get quote still at $2k/yr): $166/monthRepairs/Maintenance: $200/monthLawn/Groundskeeping: $100/monthVacancy Loss at 10% (conservative, $3,360/yr): $280/monthAdvertising: $16/monthMiscellaneous at $2k/yr: $166/monthTenants to pay utilities, minus trash (absorbed in miscellaneous)INCOMERents @ $700/month per unit: $2,800/month (Conservative)Rents @ $750/month per unit: $3,000/month (Likely)RULES / RATIOS at $2,800 / month.50% Rule: $2,800/month = $1,400 to expenses, $935 debt service, $465 cashflow = $116/month per door.