Yes, it was quietly stripped out of the bill along with provision that would have eliminated the 1031 exchange of artwork.

On an extreme example, if I were to pay cash for the entire property of $46,000 with $600 rental income, I would definitely cash flow, but it may not be the best use of my money.Mike it looks like you live in Ohio.

Driven, IMHO, by money coming out of the stock market after the bubble there and the extremely low interest rates and loose lending practices.

This seems to be a very active - and extremely informational - place...Thanks for the welcome....and I'm hoping I get out of this with a credit score still above 700....especially with the lending industry going the way that it is....One follow up question - how do you find a GC (or other repair man) who is willing to do small jobs - I have a few places which could use small jobs (e.g. installing one window, some trim, hanging ceiling fans, replacing door frames, minor electric work, etc, etc, etc)...but everyone wants large remodel jobs - not the small stuff....Help!

Have you ever gotten comps on an appraisal for a home you're buying where realtor purchased comps are extremely low (as they reduced the price paid by their 3or 6% commission?)

Craigslist can be an extremely valuable resource.

i have purchased five tax property and every one of them i had to quiet the title to get a title poicy on them ,there all sorts of stuff that can effect the title ,mortgage company,s,l/c holders even the person that lost the property still has to be takin off the title,if the state takes the property for back taxes doesnt automaticly clear the title.

Let me try by using an extreme example.Pretend a 1 year baby is wheeled into the bank.

This may be a bit extreme but Utah RE brokers report to the Utah Division of Real Estate.

For a rental, that's extremely valuable!