The only thing I can think of is if the 4 unit property is not in the best condition or some other issue that the broker is placing it with a high risk market which would make sense to have the premium inflated to that amount. 

I would really like to know what exact rehab is not just a sq foot number, roof, plumbing, electrical, well, septic, kitchen,and foundation. 

As to valuing a benefit to an IRA and the IRS's "interest" in doing so......I have seen them quite interested in exactly that, both in case law and personally in Tax Court. 

@Clifford PaulI'm in the West Texas area, Midland to be exact, with a vacant piece of land (free and clear) that I'm looking to do something with.

It seems like these posts always lack in details so I will try to give the most information possible:Sale Price: $575k  Current rent: $6825 (this is topped out, no room to increase)Loan terms: 20% down, 20 year 5 year balloon  5.75% interestsManagement: 7%Insurance: $3200Maintenance/capex: $5000Taxes: $8900Vacancy: Using 5%Property is C class and in good condition (new furnances, roof, etc) No common areas.

Hi all,I currently rent, and am torn on what next steps should be.  I don't want to continue renting, but it also seems that in most places where I'd want to live, cashflow isn't really an option if I ever move out of...

I was thinking of serving an unconditional notice to vacate with HOA letters & prior violations attached - but, since Aug rent is paid, allow till Sept end to move out, provided he pays Sept rent and vacates on time, in move-in condition?   

Like VA, there are stipulations for condition of the house though, working windows, appliances, 2 years left on roof, etc.

I thought about the exact same thing last night.

Bertran then filed Bankruptcy in Alaska in an attempt to secure Alaska as a jurisdiction and to stop the Montana sheriff from seizing property held by the trust in Montana.The transfer was a pretty clear case of fraudulent transfer and the BK court found exactly that.