it is sometimes called a poor man's will in my business.

Now the tenants are moving and it's decision time:1) rent it out again at a slightly higher rate to improve the cash flow (right now it is in the red every month because I have a 15-year mortgage on it),2) refinance it to a 30-year to lower the monthly expenses (still will just barely break even)3) sell it and use any cash for an investment with a better cash flow.Comments?

Usually the bank doesn't make the decision for the BPO, the AMC does.

I believe it will help me make better business decisions when it comes to running my real estate business, as well as minimize the outragous lawyer fees.

The contractor didnt' do what he wanted him to do, I still don't even know exactly what went on, whether he was going slow or did poor work or what, but my friend said he physically threatened the contractor, and the guy walked out on him after that.

Although once certified, you will have the knowlege to make good decisions on investment property as well as residential real estate.

It's pretty much a given that they will take a first round of offers, then go back to the first rounders and ask them for their highest and best, then make a decision at that point.

I don’t want to make any recommendations, because recommendations usually lead to uninformed decisions.

I don't like partners anyway, but that's another topic.If your tax question is whether to consider all rental income as taxable income (by not claiming expenses), I would say that is a very poor idea.

Don't let a realtor make your investment decisions for you or your career as an investor will be short lived.2.