A couple from around Detroit came up the their second home in the North part of Michigan, and found a raccoon in the bath tub.

Secondly, to have an IRA fund a portion and you fund a portion requires a lot of things as an IRA owner may not personally benefit from the IRA investments (prohibited transaction), as such, certain requirements must be followed to do such a thing.Also, there was mention of buying, fixing, then re-selling.

As long as you can make these properties break even, or even maybe a little negative in cash flow, as long as you can float it, you have a higher likelihood of making much more money over time than simply focusing on positive cash flow.What's everyone's take on this perspective?

The first bank holds 330k and the second bank holds 35k.

You can use a second mortgage (create 2 notes instead of one) to get the LTV in line if necessary and keep the second for long term cashflow after you sell off the first!

MikeThis is the second post I saw in which you said the same thing.

And why would a second try to foreclose?

I'll second that.

I would not markup a service or product that's already at market rate.Agree with the second paragraph, and it should be detailed as to what is and is not included, but really, management includes any and all aspects required to promote, maintain and maximize the profit for your client/principal in your agency relationship.The first paragraph is clearly not acting in the best interest of your client/principal or employer, the reason an owner hires a manager includes their knowledge, expertise and ability to maximize profits for the owner.

Second, I want to keep my eyes open for a small multi-family building that I can live in and rent out the other units.