If you havent seen it, I bet you it hasnt happened.I would get your lawyer to file a 30 day notice or whatever your state/county has for a lease that is being ended NOW... 

It was broke down like this:xxxxx1: “O” Checking = Rent in, Bills/Expenses Out; xxxxx1: “A” Savings = Reserve funding in, CapEx out;xxxxx1: “S” Savings with limited withdrawals = Deposits Held;xxxxx1: “M” Mortgage loan accountxxxxx2: “O” Checking = Rent in, Bills/Expenses Out; xxxxx2: “A” Savings = Reserve funding in, CapEx out;xxxxx2: “S” Savings with limited withdrawals = Deposits Held;xxxxx2: “M” Mortgage loan accountAnd so onThis was fine up to a point, then it got way to convoluted keeping track of everything.

Wonder if it limits the secondary buyer's ability to resell the loans though. 

In Japan, they have Karoshi:http://uk.businessinsider.com/what-is-karoshi-japa...There is a limit.

Your best bet is to call around and find one that fits your needs.

But there is a limit to how much you can exclude from ordinary income.

The purchase price will be 160k and the homes renovated value is between 210-220k. (4bd 2.5ba on 5 acres inside city limits)My question is, should i do minimum repairs and rent the home out for around 1500mo (pay the morgage) or flip the home.

Hi Kevin, I am not sure, but I will bet @Denise Evans has a good opinion on it.

Your best bet is to find a multi-family property that is mis-managed, has below-market rents, or needs to be renovated; then you can take the steps necessary to improve its performance.

Besides my secular job I am a also the Pastor of the Truth Church in Edgerton, KS.I have a limited background in real estate investing but I have bought 3 single family homes in my life and one of those I had a renter for a couple years before selling for a profit.