This is the beginning of the process of defining the actual individual markets that make up "The Sacramento Real Estate Market".

Terry,Ideally, the tenants should pay all the utilities.

It's also likely true that the banks don't like the fact that individuals have the opportunity to profit (sometimes greatly) off of their non-performing assets, and they are trying to limit the ability of private citizens gaining on their loss.

We could vote for the individual instead of the party.

In fact that is what I am reaching for from any individuals that have dabbled in a few types of REI vehicles.

You could buy a 100 books but never learn as much as meeting and doing it with like minded individuals.

This way the GC can easily bid out each part of the job, and get me a bid much more quickly than if he has to consolidate based on my "room to room" list of things to do.I'll then have my GC give me a labor bid broken down into the following components:- Permits- Demo/Dumpster- Foundation- Roof Framing- Roof Felt/Shingles- Siding- Gutters/Soffits/Fascia- Decks/Porches- Landscaping- Doors- Windows- Wall Framing/Sheetrock- Electrical Rough- Electrical Final- Plumbing Rough- Plumbing Final- HVAC Rough- HVAC Final- Kitchen Cabinets/Countertops- Bathroom Cabinets- Bathroom Fixtures- Interior Paint- Exterior Paint- Carpet- Hardwood- Tile- Vinyl- OtherOther could consist of anything from install mini-blinds to replacing outlet covers to installing appliances.This generally gives me (and the GC) enough detail that the job can be accurately estimated, and if things change (or surprises are found), we can adjust individual areas accordingly.This also gives me a good idea how much each of his subs will be making, allowing me to figure out what his profit margins will be -- giving me some negotiating help if needed.If your contractors have an issue with filling this out, try telling them, "My lender is requiring me to break it down this way in order to approve the loan."

An ideal situation would have him move out and get a new tenant and it be strictly business.

If you use TurboTax, the software will do that calculation for you.I suggest that appliances you installed in the rental unit be depreciated individually and not lumped into a group.

I just want to bring up a website called http://www.campaignforliberty.comIt's Ron Paul trying to organize grass roots folks to run for local offices and espouse a platform of free markets, and individual liberty - pretty radical ideas in these times!