At what point does UDTI come into play for this type of a venture?

Secondly, I would venture to say that no matter what you do for a living, the chances are that there will *always* be someone able and willing to do what you are doing for less money.

I haven't ventured far past those suburbs (yet).

I am going to Home Depot and Lowes this week to learn a little more about flooring and which ones are the easiest for DIY projects.Any suggestions other than sticky vinyl flooring?

ready to do central texas and then expand.so, im ready to jump in and start investing....looking for joint venture partners (reo's, tax sales, foreclosure's, distressed).lets see if we can make money together?!?

With REO's so abundant and cheap, there is very little reason to spend time with other ventures like short sales.

Now I understand why I have always had to be fully involved in every one of my business ventures to be successful.

Thanks JCC, sounds like the best avenue to go on this venture...

Good Luck in your real estate ventures. .

Taxes aren't a DIY game when you have questions like this.Any dollar of expenditure either goes into your basis or is deductible or is capitalized.