While not as profound, my other favorite is "Its OK to like your neighbors, but brand your own calves."

The answer to that will tell you what part of your message to emphasize...In advertising, bigger is better, pictures are more impactful than words and, minus pictures, color...

Cash doesn't have to change hands, it's just the taxable income computations that are impacted.

The problem I see with sophisticated software for analyzing long-term rentals is that the complexity of the software is going to far outweigh the accuracy of the inputs.For example, being able to model the impact of inflation in rents and material costs is a fun exercise (for some of us :), but realistically, you're going to have to guess what actual inflation will be and if you're guess isn't accurate (which it won't be), your results will be meaningless -- and the longer out you project, the more meaningless the projections become!

Fortunately the shelter here is no-kill and they will hold the dogs for about 30 - 60 days before they put them up for adoption.The fire damage had no impact on him.

At times the impact on those types of loans is tougher because they tend to be short term investment horizons in general.

She may not understand how purchasing a fancy new dream home now will impact your future.

I am obviously concerned about the impact the proposed construction might have given it would be right next to the home where I currently live.Is there anything I should be doing proavtively to maximize my benefit from the situation?

All things being equal, there's a good chance that the newer build will appraise higher, as appraisers will adjust up for newer construction.So, the short answer to your question is that you'll need to do some more detailed research to determine the impact age will have on the value and the likely resale price.

Ann Bellamy thanks for the reply with ideas that you see investors implementing to adhere to the rule without it impacting their business.