That means they need to bring $80K to the closing table.In both the examples, when someone goes into foreclosure, its unlikely the house is going to be in move in condition.

Any examples?

You know, for example, if the handle sticks on the toilet causing the water to run.

Sadly though too many times in today's society, (prime example being our President), the amount of effort you put into this or other areas of education no longer seems to matter much when it comes to positions of authority.

For example, if you needed $5,000 per month, that would be 25 rental units.

For example, (1) school property tax, (2) county property tax, and (3) city, borough, or municipality property tax.

The depreciation on rental properties (residential 1-4 units) are calculated from the value of the improvements and divided by 27.5 years.For example, lets say your rental is purchased for $200,000 and the land is assessed at $40,000 and the structure (improvements) assessed at $160,000.

To give you an example I spend about 2 hours on average a day monitoring my prospects, doing follow ups, managing my files, not to mention throughout the day I am receiving calls from responses to my marketing.

For example, I might find a property that can be bought at a big discount, but I am not buying right now.

If you're willing to strip the masonry and start fresh at the new site, then that might work but that won't be cheap.