Remember you don't have to own a property to control it.Good luckPaul

AS long as you can prove you are actively engaged in the bizz you could lose that status, just having a license is not automatically make you a RE professional.Post Katrina you had the GOZONE act.. many in the south will remember this.any new builds got 50% bonus deprecation section 179.

There might very well be a back story that you can leverage your way into, too.If you're inside the beltway, I can't help remembering Peter Sellers' Movie, Being There when he plays the character of a mentally challenged gardner who's patron dies, leaving him to fend for himself for the first time in a D.C.

Remember you don't have to own a property to control it.Good LuckPaul

Remember you don't have to own a property to control it.Good LuckPaul

Remember that even if you manage it yourself, you should "pay" yourself for managing it.

remember you will most likely only be able to base the loan on the purchase price (200k) due to seasoning requirements.

I remember when I first started in real estate my broker told me to focus on a specific product type to get experience and, as you eluded to, the more experience you get the more you can branch-out.

In a meeting with construction company hired to do the repair the company stated they will be demolishing any tile put on balconies as part of the work they are doing.I talked to the HOA president after the meeting and he told me he doesn't remember saying I didn't need an architectural change request for the balcony tile and it's exclusive use common property.

These are all Non-Cash Contributions and they are restricted.So remember: White Collar - Yes; Blue Collar - No!