Without proper screening procedures, you can find yourself stuck with potentially nightmare tenants.

I want a "farm" that keeps producing not a brokerage where I have to keep chasing deals.

This way you are walking into a property that is producing enough income off the abt to pay the interest on the HML while you seek out permenent financing.

People stop buying and the producers suffer.

Klyde, You should think of tax benefits of owning an income producing property as a bonus, NOT a reason to get involved.

Having a show would be awesome, but not sure how productive it would be to have all those producers, writers, and staff around my rehab crews!!!!

However, due to recent tax increase in TX, I'm in the negative, however since all my Alabama properties produce healthy cash flow, it offsets my losses in TX.

You are likely to find both a basis for protesting your assessment (every county has a procedure) and reducing your taxes, as well as a better understanding for possible investments. 7.5% appreciation is not going to happen unless we hit a period of very high inflation.

This procedure that our PermaBrite provider uses actually acid "etches" the surface before applying the porcelein impregnated coating.

Different Procedures...The "As-Is" addendum is not a final approval...An "As-Is" addendum is basically just politely stating to not ask for any repairs or expect the seller and/or lender to pay for any....We generally get this out of the way from the beginning of the transaction so there are no expectations from the buyer that repairs are going to be made and muddle up the transaction weeks down the road...Not sure about Ohio, but in Nevada, we set it up so buyers are still allowed inspections and a due dilligence period (on average 10 days) that starts within 24 Hours of the Lenders approval of the price/terms of the short sale... with generally a 30 day closing after the receipt of the final approval.Different states... different procedures...