In a time where we have the best prices in a generation on SFRs, along with banks reluctance to lend on small less-expensive properties, and investor's frustration with equity markets and low bond/CD yields creating a conducive environment to offer them something vastly better, I can't think of any topic that would potentially be more important to those trying to build a portfolio of 1-4 unit properties to critical mass.I am in the process of putting together the materials I plan to use for discussions with prospective private lenders, and it seemed a great opportunity to have a robust discussion on what others are doing, and engage in idea-sharing.What works for you?

Jon, can you read my post and advise as I can't get a straight answer from my bank or other companies I call to see if I am ok on my DTI. 

Some foundation movement is to be expected in many areas of the metroplex, but I would advise staying away from those houses that evidence a lot of movement.

More from Jdugan: “When you have multiple rentals in an S corp, which are generating losses that won't flow thru to the 1040 due to the 25k limitation, and you sell one, figuring, ah, that'll release the suspended losses...WRONGO JACKO!

If the sellers had other options on the table for more money, I would have advised them to take it or I would have raised my offer.)I hope this helps a little, good luck!!

I am not a tax adviser, and you should ask someone who is, but here is my understanding.If it is for business, you can usually deduct it.Meals: if it is you and your real estate agent, attorney, title agent, insurance agent, property manager, etc. and you are discussing your investing, it is probably deductible.

Scott, if you have advise for Chelsy, please post it here for everyone's benefit.

I need advise...thanks.Angel

5) What if the project is some type of value-added project that doesn't generate cash-flow in early period(s), does the preferred return accumulate until there is enough cash-flow to pay all preferred returns?

If he knows nothing of real estate but wants to invest in it, he should put ALL the money in some sort of savings or money market that generates a yield, and take the time to learn as much as he can in real estate.