@Raymond B.

B) Because of A, do the  30yr

If you want to classify the origination fees as interest expense, you can, you just need to disclose that in your statement of accounting policy.If you'd like to read more, go to page "FAS91-7" of the document below and look at #20 part B.

Here are unit sales:Unit A: $229,900Unit B: $229,900Unit C: $225,900Unit D: $225,000Unit E: $247,000Unit F: $245,000Total: 1,402,700Here is the potential:      

@Bill B. 

Because the plaintiffs became obligated to pay the fee after they were already tenants, they may not turn to section 15B(1)(b) for relief."

Strategy is to buy fully renovated cash flow properties in A or B locations.

So know the exact area you are buying in and know the tenant base, or you will be in for some potential headaches.The other, less opinionated and more factual comments I have would be- a) check to make sure the numbers even work for you to cash flow if you buy a property there (they likely won't, and the high desert isn't the place to hope for appreciation) and b) be familiar with CA tenant laws as they are very tenant-friendly, which could put you in an expensive pickle with bad tenants.I'm not an advocate of buying in CA at all, but if you do, I would look more towards IE or Riverside for lower priced properties than I would up in Palmdale/Lancaster.

@Kevin HockadayWish you good luck on the REOs but most title companies will not let you use the end buyer's funds to close the A to B transaction.Joe Gore

@Alis B.