It seems that owning rental units is pretty cut and dry.

:shoot: This building is out of state and I do have a management company that runs it, but I haven't been able to reach anyone to get the full details . . .Talk about a powerless feeling.I guess I need to wait to hear more, but I'm simply stewing here!!!

When a tenant stained it, with professional cleaning, the stain would generally blend in and if not, it was easy to cut out a piece and patch back in with some original leftover scraps.

If you are a flipper or rehabber, at what point do you decide well maybe this property is better suited for flip, rental, or simply abandon ship!

You either buy a Monument Historique (like a church, museum or simply a house that has something historical), you get tax benefit (in fact you can deduct 100% of the rehab work done towards your revenue and then calculate the amount of taxes you will pay.

Houses simply are not moving and those that do sell, sit on the market a LONG time.I started out in the rental business and only do rentals.

Condos (I think) are different than regular homes b/c you can build a ton of them and they don't take up as much land, while a house price may rise simply b/c the location is good and land is being used up (depending on where you are talking about).I am not looking to make a quick buck flipping the property.

He kept bothering me to cut the grass.

Can anyone tell me how to cut thru the B.S., and actually find decision makers on these portfolios?

.$7,800 - net lossNow, maybe you could cut 3% off the sales closing costs by doing it FSBO.