They usually have a good selection of SUVs and trucks that are well maintained and mostly you're competing with the dealers so you know you're not paying too much.

Are you thinking of maintaining both licenses?

If you are interested in finding one I would really suggest looking locally through REI meetings, clearing up credit or at least maintaining good credit and saving money for a down payment.

Insurance that the OWNER maintains is NOT for the benefit of RESIDENT."

The umbrella policy is more of a failsafe if you get sued and protects up to a certain dollar amount.If you use the umbrella policy in conjunction with the series LLC you can likely choke off any potential liability completely without having to run and maintain separate entities.

Larry,You should check with your local lender to see if you can qualify for a cash out loan and if you are able to secure another loan for the investment as you use the case as down payment... and make sure that you are able to maintain the payments once the loans are made.

Of course…a 20% delta should be wide enough to get things right, but I still maintain that the owner should be able to pocket the money if they want to.

You better make sure you have a valid right to do so.Now, having your option and filing a notice is customary, but back to what I just said, if your option expires, your lien becomes inoperable and can become a false lien, it's your responsibility to release it.The reason why you are backing out or cancelled you option will effect your rights to maintain the lien, if you agree to terminate your deal, you don't have a right to perfect any lien.The thing to do then is to only agree to terminate your option with a release fee, again, depending on the circumstances.

Having a managerial accounting knowledge will be sufficient, basic slotting of acounts, basic cost accounting and basic taxation, you need to make the decission to slot entries, after that, it pretty well maintains and flows itself.

What would be the dangers in aquiring these type of properties knowing it will almost certainly be rented out and its fairly easy to maintain?