Chris Tom Hey Chris, I can give you a number to call offline, Short sale company that works for the Sellers, they'll tell you what to expect if you have the property address and Bank.

I feel it's important to understand how to effectively manage tenants so that I can effectively manage my property managers.I am comfortable with my projections...

Deeds are effective when executed, not filed. :)

Mine is to acquire 5 properties by the end of 2014 and to funnel the cashflow back into the mortgage with the lowest balance until each is paid off.To address your question and your wife's question, read the 3rd post here by @Ned Carey http://www.biggerpockets.com/forums/12/topics/90638-next-stepAs far as the spreadsheet, I'm pretty sure a template doesn't exist.

If you want to get R/V ratios where you can get decent cash flow (even with maximum leverage) and favorable rates of return, then you'll probably need to look elsewhere (as in out-of-state).I've compiled a report called the "2013 Housing Market Forecast" that might help point you in the right direction as far as market choices, but I will also tell you that I am working on an article specifically addressing the question of "Where should I invest?"

When the IRS tax code was changed in 1986, limiting the losses to essentially $25,000 per year, there was a drastic effect on resort property.

Usually the most effective treatment that will kill them and their eggs is heat...then the question is what can you and can't you heat treat.

.* I do not know anything about how to evaluate real estate values (but I think I can learn), or the costs of renovation.All that said, I believe that I could be successful in scouring near and far for properties with equity that could be purchased or optioned at attractive prices IF I can partner up with investors with cash and with individuals who know how to renovate cost effectively.

The list you want to target will have an big effect on the criteria.Sharon

http://homeguides.sfgate.com/effect-prime-rate-mortgage-interest-rates-8866.html