I guess the question will be, If we just wait to list it, are we going to find more than 5% of qualified buyers who will balk at the finish out - say, want Sub Zero and a whole house compter system and all that.

First, I'll qualify by saying my perception is slightly skewed since, I'm a lawyer and use them very little.That being said, for my investing I don't use a lawyer.

A good way to make some cash for the next down payment on a buy and hold.Your flooring skills will definitely be helpful as a landlord.

So, if you have a duplex where each unit has exactly the same square footage, and you live in one and rent the other out, then 50% would qualify for the 121 Exclusion and 50% would qualify for 1031 Exchange treatment.

Recognizing it will take some skill to accomplish that, my original posting is how best to start developing that skill.

That is not a problem.If neither of you have special unique skills I would recommend that each of you run your business separately.

Yup - I've seen this discussed, but it by-definition limits the pace that you can buy, so it's actually quite rare.It's also rather difficult to qualify for a mortgage when you have 10 properties already.

I've been apart of the BP community for some time and just over the last year have gotten myself to the point that I'm comfortable with the knowledge and experience that I've gained.With just a few deals under my belt, I'm looking to strengthen my all around skills and abilities.

One, the property is owner occupied and they may qualify for the 121 Exclusion ($250/$500,000 tax-free exclusion).

Hello all,I'm hoping someone can offer some insight into my current situation.A few days ago a friendly gentleman offered me his business card at my place of employment, saying he is looking for someone like me with strong social skills.