I want to start and have only the basic information I have read on the web.

Getting a 75% ltv loan at say 4% will gets you a 14% coc return after debt service and you still have 105k to look for another deal."

From RealPage 10-K page 14, they say "The principal competitive factors in our industry include total cost of ownership, level of integration with property management systems, ease of implementation, product functionality and scope, performance, security, scalability and reliability of service, brand and reputation, sales and marketing capabilities and financial resources of the provider.

Price is important but it makes a huge difference for cash flow if debt service is 4% versus 9%.The question for you is WILL YOU have enough time to deal with the problems of this property and get it cleaned up??

Your entitlement amount that can be guaranteed is based on your terms of service as limits have changed over the years.

Holding a property is not free... you have to pay insurance, taxes, debt servicing (if financed), utilities, etc.

Just a general question on this - did many of you do a good amount of 'shopping around' for debt service with the best rate/Downpay, etc?

From what I am hearing and reading is that banks will allow you up to 80% of the rents collected to use to to service debt and expenses.

I'm a soon-to-be college graduate from FSU with degrees in both Creative Writing and Classics (as my father puts it, "Pretty Words and Plato"), and I currently own my own web design/marketing company.

Had it been issued in the BP name then yes, it would be treated as such.However, based upon the paper trail here; if BP were to recognize it as income and then produce this thread that even though it was in J Scott's name, it could be deducted.Gentlemen, what a tangled web that has been woven here.Steven