Being that it was section 8 tenants, time was not in our favor as she had to find a new location which took a good amount of time, then her new location failed inspection because of safety issues, so her new landlord had to get things added/fixed.

You want one who will aggressively apply IRS rules in your favor and who will be willing to defend you if you get audited.

I would maintain ownership if the political winds steered toward a repeal of the rent controls or otherwise indicated a more favorable climate for the business.Thanks for your input.

The rental income and expense seems to be favorable.

I guess I'm in favor of the same idea of banning with a couple conditions. 1.

The Chinese are not financially stupid in any fashion or form, justified by the fact that their economy has grown at a staggering double digits for many consecutive years.

Yes there is a difference between consumers and the real estate investor, but working in my fashion is very familiar for me.Plus, I am only 17 and I just started doing real estate.

Regardless, I'm not solving for his needs but rather, solving for mine and the fact is, I can choose to keep this property and generate a nice cash flow so the deal must be in my favor for me to consider it.If I go with the Lease Option, I agree that the long option period is probably not the way to go - that was more if he purchases and I owner finance.

If you search the landlord forums, you'll see that a "2% rule" is favored.

Giguere said. “I’ve fallen behind.†----------- While I agree Wells should have communicated in more timely fashion with her, I'm not sure folks who used their home as an ATM should have the ability to modify their loan.