So to get around this and play the game you just hire on a licensed professional florist for 8 hours a week and you are good with the state.

More....I once played golf with a friend of a friend who I knew a little about.

That amount would depend on the length of time estimated for the rehab and the length of time estimated to fill the building (based on rental demand in the area, etc).As the others said, a thorough due dilligence is definitely needed.

It's been a PITA sleeping on an air mattress and working instead of playing golf every day, but maybe this time it stays sold.Yay me!

I have played many sports and many for years, football, baseball, basketball, soccer, golf, swimming and water polo.

Im not sure what I did to get my gross rent number, just must of fat fingered it. 4650 is correct.The tax shelter/appreciation play is the only thing that makes sense.

So, not an attorney, and don't even play one on TV.

I have seen this idea used in other states, in affect, the seller did not have the legal right to extend financing at the time the note was agreed upon, at least thats how it played out in a deal I saw go through in Arizona.

Remember to submit a payoff demand to escrow.If your profit is large, share some of it with the seller or use another method.

Of course I would want to get my own policy to cover the house but in the case of a fire/loss how would that play out?