Investing for the primary purpose of appreciation is just speculation.

Section 405.06, which is used as a guide by most appraisers, it states that only above grade living space is to be calculated in determining the Gross Living Area (GLA) for appraisal purposes..A level is considered below-grade if any portion of it is below-grade

This is definitely fraud, and would seem to be done for the purpose of selling "to themselves" and stripping away the excess mortgage balance.

Both books talk about eliminating certain amenities and headaches from properties.Garbage disposals can be problems because tenants abuse them and use them for purposes no intended.1.

The imputed interest rules prevent the transfer of wealth for the purpose of avoiding higher taxes.How can you avoid imputed interest?

It is obvious they have purposely made the process of getting and maintaing your DUNS # file less user friendly now than in the past for those of us who want to DIY for free.

John, if you used the 50 percent rule, that should cover the roof for the purpose of the analysis, would it not?

[Note: There was a law that was to treat rental activities as a "trade or business" for Form 1099 purposes only, but it was repealed by by the signing of HR 4 (Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011) on April 14, 2011.]

But my thread here was not about guru seminars and so-called training programs, that was conveniently thrown in by Mike to divert the purpose of this thread.I am strictly talking about finding someone experienced enough to be able to mentor and actually deliver GOOD advice and coaching to the newbie.

Also ask family, friends and colleagues to refer someone they have used.You might also consider getting a home inspector to look at the property with the lack of business you could find one to do an inspection at a reduced price.The purpose of this is to have a clear picture of what needs to be taken care of and not just what your general contractor says.