If people are putting out bandit signs and knowing it is illegal in that particular area then that is wrong.

I became the best in the state at one particular short sale program.

So, you wouldn't be able to deduct the costs, but you would be able to take more depreciation.You really want to have a discussion with an accountant who's knowledgeable about real estate.Publication 527 (2013), Residential Rental PropertySee in particular chapter 4.

But I'm particularly puzzled about 2nd mortgage/loan taken from municipal corporations (cities).

The entrance to this unit faces out from the rear of the house.There is an issue with excess moisture in this unit in particular.

The particular property became listed between the time I sent out the mailer and when I got a return phone call from the agent.Please advise.

You can also specialize on a certain area of town and learn everything about the market in that particular area.

I don't kick gurus off for participating on BiggerPockets, @Ben Leybovich . . . the ones that have been banned got themselves kicked off for breaking the rules or for doing things here/off BP that we find to be particularly unbecoming.

I think we could provide some serious benefits to a group or people whom are having problems getting decent returns on large quantities of monies because of real estate pricing in their particular areas.What are your thoughts?

I like all of the above advice, particularly interning with a local investor, which will provide you with plenty of practical hand on experience.