At some point a question was raised on condo converting these things, as based on the description, there seemed to be no reason why they couldn't be broken up.

I asked what the mortgage was, because the short sale means the bank will accept less that the mortgage owed.My agent said there's more to it than that--agent commissions, taxes, and other things, and I kept saying, "the description of a short sale is less than is owed on the mortgage."

They give a pretty description of how it works:http://www.noteworld.com/ :cool:

Thank you for the replys...JN, I think I rented to your tenet's brother as the description you have is about 90 % correct for my tenet.

I generally get their property description, their situation and what they think their house is worth, what they want for it, and what they owe.

Try to have the legal description of the property, not just the address. 

@David Salfer     You could pick a squarespace template and create a page per property, showing photos and descriptions. 

The HUD can have other identifying descriptions, account numbers for example, so long as the audit trail is there.

If I had a realtor I trusted their judgement I could see buying a property from pictures and their description.

When you consider this, I get more DTI reduction per dollar by paying off the student loan first (it only has a remaining balance of $1814).Keep in mind that if you'll pay off any debt within a few months (I think the rule is 6) then it is not considered in the DTI anyway, so don't throw cash at paying off balances that will be gone in less than 6 months.What I don't like in your description is your cash flow after paying off mortgage.