This allows you to purchase then rehab then retain a property for very little (relative basis) out of pocket.1b.

With that being said if you get lucky you can hut the ball farther out of the park with this method, on a ROI basis, then any straight RE play.I am not sure if this helps you, but hopefully it gives you another perspective on your potential deal.Good luck,Arlen

Which may be higher than you think because depreciation decreases your basis and increases your basis when you sell. 

Evaluating the deal on the basis of what the portal gets is like evaluating an investment solely on what taxes you have to pay.

My wife and I are interested in purchasing rental properties on a buy-and-hold basis when we settle down in Northern California in about 9-10 years.

I thank god every day that I live in a free society that allows me to protect myself and family as I see necessary. 

I work as a heavy equipment operator for a sewer and water main company in downtown Toronto, but I have the ambition to do more than just work for someone else every day. 

Right on good suggestion it can be awkward asking people you deal with on a daily basis for money.Thank you for the replyLarry

I look at large commercial bids, T&M proposals, change orders, etc. etc. on a regular basis.  

But for everyone person that may be in Eric's position there are probably 100 doing the exact same thing every day of the week.