In my quite limited experience, yard signs (the generic kind) have brought lots of phone calls, but all my actual tenants have come because of free ads on Craigslist.

"privacy", I mean that an LLC or corporation offers specific, legal protections that limit the liability for some actions to the company vs. its members or shareholders.

That's a DEAD LOSS.

These are usually limited to 65-70% of the ARV (after repaired value.)

That leaves you with a $32/month loss.

But do not count on the extra cash for closing costs or rehab.The lenders are now giving their 80% LTV (or 75%) of the sale price OR appraised value WHICHEVER IS LOWER for investment properties.My best advice is to go check with the bank first: ask these questions, get pre-approved, know your financial limits, etc.

However, you can only apply this "passive loss" vs. ordinary income if you are a "real estate professional".

One of the great things with real estate is that your creativity is the only limitation.

And in the meantime purchasing some industrial-strength spray.If I wasn't so fat, old and decrepit I'd take a martial arts class, too, but I'm just not spry anymore.A couple towns over from here the city council is seriously considering banning pit bulls from within the city limits.

In a short sale, the bank determines the amount of loss they're willing to take.