It all really varies on the individual and what they want.

Within any area, various factors can influence the flood risk on an individual property.

Joe Gore Short Sales hurt credit - FICO.See http://www.myfico.com/crediteducation/questions/foreclosure-alternatives-fico-score.aspxIt is a foreclosure.It hurts your reputation and you have to sign on Govt employment apps you have been through a foreclosure.IRS You may owe money to the IRS http://www.irs.gov/Individuals/The-Mortgage-Forgiveness-Debt-Relief-Act-and-Debt-Cancellation-To avoid a short sale,-rent the property out,-sell on sub2,-sell on lease option,sometimes better than short sale.

And that's what all our clients do.There are a lot of good markets that will generate cash-flow for you -- even with a minimum down-payment of 20%.

Any individual, corporation, partnership, trust, joint venture, or other entity which sells, exchanges, or leases its own real property;What I don't see in the FL real estate brokerage code as an exemption is if a layperson can buy their own real property.

I believe I can generate about $1500-$2000/mo in rental income.

I want to generate cash flow to reinvest so that I have a sizable RE portfolio to retire on.

My question is why sell a property if its generating cash flow?

It also does more things now, like analyze deals, generate contracts.

In order to file, you will need to appoint a registered agent which can be any individual or business entity that agrees to accept legal paper's on the LLC's behalf if it is sued.