Those who do not recognize their mistakes are bound to repeat them. 

If you have significant assets and have a trust or estate plan, I suggest you bring those players in as well to address issues that can affect other aspects of your legal and financial life.There isn't much tax savings as opposed to dealing as an individual other than an entity will make expenses easier to recognize as a business expense rather than being seen as consumed for personal use.

@Julie Gates My wife has been a Realtor since 2005, and she was recognized as being the 33rd most productive Realtor out of 9,025 in NE Florida.

Perhaps we may recognize if prices need to be lowered due to extra rehab work needed and that shorts them from their full commission (which I would be uncomfortable with as well).

He is absolutely correct that those who fail to recognize that notes are a finance function, not real estate, that it is a highly regulated area requiring expertise that is not easily taught and that these players are taking you for a ride.

You never know where your opportunity will lie at first - but the more you educate yourself the more likely you'll be to recognize it when it shows up. 

It's a tide that's happening, and in my opinion, players everywhere are well-advised to recognize what's going on...

I do not have high hopes on that opportunity, but I recognize that seems to be the better deal.

With a 50K adjusted basis gain recognition and purchasing 100K less than what you sold the entire depreciation recapture and gain would be recognized.

Any PM running their business the same way as they were 3 to 4 years ago is not really a savvy company to recognize the changes in the market.