I agree with the mentioned strategy where you might want to entertain a fire sale and capture some of the equity you have.

Hi, I liked Jeff's reply, but then holding feet to a fire is almost a past time for me, LOL.

Expenses from 2009 was $17,305 or 50.6% from gross income.The vacant unit has an fire and water damage, sprinkler system operates very good.

Legions of tax preparers sifting through a maze of code is a bunch of wasted synapse firings to me.

(Lots of recreational cabins on National Forest leased land sell for decent prices)

Caution: Insurance By signing a compromis de vente, the buyer are in principle the owner of the property, which means that your home should include insurance against fire and theft.

From having all the copper ripped out of the walls to a bio-hazard in dog feces to major structural problems (previous fire, then water damage, and foundation damage) there were tons of them that I wouldn't take no matter how cheap they were.

E.g. fire, water damage.

If you pose that to them and hold their feet to the fire, I'm confident you'll get it.

I have a friend who owns a few houses he rents out. 2 Weeks ago the renters young 17 year old girl left the iron on the bed..the iron caught the bedroom on fire.