Most likely more, but starting off small would work best for getting my feet wet.I am leaning towards rental properties which would be basically move in ready.

We'll work with local leaders to target resources at public safety, education, and housing.

Basics...who is the seller?

I believe that I need to pay back the tax credit since the house clearly is not my primary residence, but I am struggling to figure out the best way in which to do this.I don't know all of the rules for this, but would it be possible to amend my 2010 return to pay back the credit then (basically as soon as I got it?).

A manufactured home meeting the requirements described above and the Federal Manufactured Home Construction and Safety Standards (FMHCSS) requirements (see 24 C.F.R. part 3280) is also eligible for the $2,000 credit.Comparable dwelling unit.

Here are some basic numbers to give you an idea.Purchase price of 65k, with 175k left on the notes.

Basically, learn how to be an investor of anything that has a cash flow flow profile attached to it.

Basically, my partner can bring to the table a lot cash - something I can't.

The basic formula is supposed to be offer price = 70% of ARV - repairs - wholesale assignment amt (could be 5k could be 10k or more)So if you want to make 10k on a 100k house you'd contract it for 50k and sell it for 60k if it needs 10k in repairs.

We each have full time jobs, and have always filed basic tax returns.