The problem is that a Ch. 7 is so cheap and easy versus a Ch. 13/11 which can actually avoid a foreclosure.

Finance in your funding fee and negotiate the seller to pay all your closing costs (money is cheap now - $3,000 in lower sales price but you pay that much out of pocket for closing fees isn't worth it - the difference in the payment is $15/month and it's deductible.)

The problem I've found is that most of the adequate and cheap accounting software does not keep particularly good track of my tenants.  

The guy has not put the house on the market yet but wants to figure out a price to offer it to me, and wanted to make sure that I don't want to just buy cheap from him and flip but actually buy-hold it (which I do plan on doing).

He worked his *** off and saved EVERY PENNY HE MADE.We all got real nice pads and Dan insisted on living in a trailer for super cheap and never wasted a penny while we all lived large for that time period.Dan had saved enough to put a down payment on a new Bob Cat Tractor and End Dump Truck after about 10 years of this.

It's pretty cheap and will give u tons of info.

I have the builders who will do it for dirt cheap.

Leadership is the ability to turn vision into reality.....make it happenremember that old computer sitting in IBM's headquarters that some nerdy kid bought for dirt cheap and everyone laughed at him......He is now today's wealthiest person....reward does not come without risk.....just make sure it is calculated to the best of your ability

Thanks Mike, at the time I started this business I was also considering the IT consulting route, but had a lot of cheap HR for Mortgages and had to make a decision - Stick with what I know, or learn to know what I had more resources for.

Cause its cheap?