The answer may still be the same - depends on so many factors...but between the time I posted this and the time I'm writing this, a sub told me he had a couple employees who'd be happy to do the "gutting" for a very competitive hourly rate.

The guideline is the same whether conventional or FHA that 75% of the lesser of the gross rents or appraiser's market rents can be used for qualifying.

There is no way I can go to work for someone else as a regular employee working under a GC.

An election to have such gain recognized only to the extentprovided in subparagraph (1) of this paragraph shall be made by including such gain in gross incomefor such year or years only to such extent.

Nice, Carlos, except I never put up any security for a neighbor, they just apparently used my identity 26 years ago and since it was never reported on my credit report before now, I didn't know anything about it, and I now have to come up with documents from 26 years ago which I do not have as I thought 7 years was the limit to dispute a witness he used that was an old, ill tenant of his that did not want her rent raised and is dead now, not a bank employee or even a notarized statement that would verify it, to to prove it wasn't me.

So, 6 months out there may be an artificial surge in hiring.As you saw in 09, large companies fired higher paid employees and filled the gap with lower wage types.

Companies pay good money to house employees in short-term furnished corporate rentals.

For example, a builder will construct a retail establishment for an owner, and the builder will receive a percentage of the gross receipts for a specific period of time.

I think the fact that everyone has a dramatic story to tell as an employees is suspicious but it's fun entertainment value to watch.It will be fun to see all the drama next week when the show airs............. : )  

If we are working on appreciation gross monthly rent /price ratio may be as low as 0.8% If we are working on cashflow it should be between 1-2% I am targeting good areas with possible appreciation at my back yard, so I am good with 1.2-1.4% and this is buy and hold.